The Federal Reserve Bank of Philadelphia announced April 17 that Anna Paulson will be the next president and CEO.
Paulson — currently executive vice president and director of research at the Federal Reserve Bank of Chicago — will assume her new role on July 1, succeeding Patrick T. Harker, who is concluding his 10-year tenure at the end of June, the Philadelphia Fed said in a news release.
“Anna Paulson’s economics and monetary policy expertise, as well as her leadership at the Chicago Fed and throughout the Federal Reserve System, make her the ideal person to serve as president of the Federal Reserve Bank of Philadelphia,” said Anthony Ibargüen, executive chair of Culligan Quench and Culligan Latin America and chair of the search committee and of the Philadelphia Fed board of directors, in the news release.
As one of 12 regional Fed bank presidents, Paulson will participate in meetings for the Federal Open Market Committee and become a voting member in 2026, following the rotation of regional banks.
Paulson has 20 years of experience in policy analysis and research related to financial stability and monetary policy, as she first joined the Chicago Fed as an economist in 2001.
In her current role, she advises the bank’s CEO on monetary policy and attends FOMC meetings, as well as leading the Chicago Fed’s research and policy analysis work. Paulson also established the Chicago Fed’s Insurance Initiative, which “analyzes financial stability and regulatory issues in the insurance industry on behalf of the Federal Reserve System,” according to the news release.
