Members

Neel Kashkari

President and Chief Executive Officer

Federal Reserve Bank of Minneapolis

NEEL KASHKARI has been president and CEO of the Federal Reserve Bank of Minneapolis since Jan. 1, 2016. He serves as a voting member on the Federal Open Market Committee, bringing the Ninth Federal Reserve District’s perspective to monetary policy discussions in Washington, D.C. In addition, Neel oversees Minneapolis Fed operations and leads its many initiatives. He was instrumental in establishing the Opportunity & Inclusive Growth Institute, whose mission is to ensure that world-class research helps to improve the economic well-being of all Americans. Most recently, he’s supported the expansion of the Center for Indian Country Development, which advances the prosperity of Native nations and Indigenous communities through actionable data and research. Neel earned his bachelor’s and master’s degrees in mechanical engineering from the University of Illinois. He became an aerospace engineer, developing technology for NASA missions. Eventually turning to finance and public policy, he earned his MBA from the University of Pennsylvania’s Wharton School, joined Goldman Sachs, and served in several senior positions at the U.S. Department of the Treasury, including overseeing the Troubled Assets Relief Program, or TARP, during the financial crisis. Before joining the Minneapolis Fed, he spent four years at PIMCO and then, in 2014, ran for governor of California on a platform focused on economic opportunity. He lives with his wife, Christine; children, Uly and Tecumseh; and Newfoundland dog, Webster, in Orono, Minnesota.