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Thomas I. Barkin

Tom Barkin

President and Chief Executive Officer

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Tom Barkin is the president and CEO of the Federal Reserve Bank of Richmond. He has held this position since 2018.

Tom serves on the Fed’s chief monetary policy body, the Federal Open Market Committee, and is also responsible for bank supervision and the Federal Reserve’s technology organization. He is “on the ground” continually in the Fed’s Fifth District, which covers South Carolina, North Carolina, Virginia, D.C., West Virginia and Maryland. His engagement in the region has brought real attention to areas facing economic challenges. 

Prior to joining the Richmond Fed, Tom was a senior partner and CFO at McKinsey & Company, a worldwide management consulting firm, where he also oversaw McKinsey’s offices in the southern United States.

Tom earned his bachelor’s, MBA and law degrees from Harvard University.

Explore Tom’s Visits #AroundOurDistrict


Tom is passionate about engaging firsthand with business, civic and community leaders in the regions served by the Richmond Fed, to gain insight into how they are faring. Click on the shaded areas of this interactive map to learn more about his travels, and follow the hashtag #AroundOurDistrict on social media for up-to-date news on his visits and on the Bank's work in our communities.

Accessible version of map data

 

Recent Essays & Speeches


Nov. 15, 2023

President Tom Barkin shares how communities in the Fifth District are working to move the needle on housing.

2023 Virginia Governor’s Housing Conference
Hampton Roads Convention Center
Hampton, Virginia
Nov. 9, 2023

President Tom Barkin explores potential paths for the U.S. economy and their implications for monetary policy.

MNI Webcast
Virtual
Oct. 17, 2023

President Tom Barkin discusses what he is hearing on the ground from Fifth District contacts, and how it compares to recent data.

The Real Estate Roundtable
Waldorf Astoria Hotel
Washington, Washington, D.C.

Tom’s Perspective


News
Nov. 29, 2023

Tom and CNBC’s Steve Liesman discuss the disconnect between data releases and what Tom is hearing on-the-ground across the Fifth District, what he’s anticipating for 2024, and the potential path for inflation.

News
Oct. 2, 2023

Tom joins Odd Lots to discuss the impact of a higher interest rate environment, the current housing market, Taylor Swift’s influence on the economy, and more.

News
Sept. 28, 2023

Tom meets with Michael McKee to discuss how he uses a combination of upcoming data releases and on-the-ground conversations to inform his views on monetary policy.

News
May 30, 2023

Tom and NABE Vice President Ellen Zentner have a conversation about inflation, his thoughts ahead of the next FOMC meeting, hybrid work, and more.

News
March 8, 2023

Tom speaks with Gavin Jackson of SCETV to give an update on the economy and what to expect moving forward.

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