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The listing of 2024 Federal Reserve System regional financial institution chairs and vice chairs contains two life insurance coverage firm chief govt officers.
Chris Hilger, the chairman and CEO of Securian Monetary, would be the chair of the Federal Reserve Financial institution of Minneapolis. He was the financial institution’s vice chair in 2022 and 2023.
Roger Crandall, the chairman and CEO of MassMutual, will proceed to be the vice chair of the Federal Reserve Financial institution of Boston. He was additionally the financial institution’s vice chair in 2023.
The regional Fed financial institution chairs affect Fed regulation of business banks, and so they can discuss recurrently with the regional financial institution presidents, who affect Fed rate of interest selections and different strategic selections by taking part within the Federal Open Market Committee.
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