Learn more about who we are and what we do.
As the nation’s central bank, the Federal Reserve sets monetary policy, supervises and regulates member financial institutions and provides an array of financial services.
Jeff Lacker became president of the Federal Reserve Bank of Richmond on August 1, 2004. Previously, he was the Director of Research.
Mark L. Mullinix is First Vice President and Chief Operating Officer at the Federal Reserve Bank of Richmond.
The Management Committee, led by the president and first vice president and including senior executives from all our business areas across the Fifth District, establish and guide implementation of the operational and strategic goals of the Richmond Federal Reserve.
In the Fifth District, the Federal Reserve Bank of Richmond is supervised by nine directors who are either elected by member banks or selected by the Board of Governors. Additionally, the branch offices in Baltimore and Charlotte each have a board of seven directors, who are appointed by the Richmond Fed or the Board of Governors.
The Board of Governors and each Federal Reserve Bank use advisory and working committees to assist them in their work, to provide insights into specific issues and to facilitate understanding and education regarding the Federal Reserve's role in the nation's economy.