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Thomas I. Barkin

Tom Barkin

President and Chief Executive Officer

Tom Barkin is the president and CEO of the Federal Reserve Bank of Richmond, where he is responsible for monetary policy, bank supervision, payment services and the Fed’s National IT organization. He has held this position since 2018.

Tom serves as a voting member in 2021 on the Fed’s chief monetary policy body, the Federal Open Market Committee. 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. He served on the board of directors of the Atlanta Fed from 2009 to 2014 and was the board’s chairman from 2013 to 2014.

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

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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


Sept. 10, 2021

President Tom Barkin discusses forces that could keep quits elevated in the months to come and what that could mean for employers and the economy.

Sept. 2, 2021

President Tom Barkin discusses how employers might change their hiring practices to bring more people into the labor market as the recovery continues.

July 13, 2021

President Tom Barkin discusses the factors keeping workers out of the labor force—and how employers are responding.

Tom’s Perspective


News
Aug. 25, 2021

NCEDA Webinar: What Lies Ahead for the Economy

President Tom Barkin spoke to the North Carolina Economic Development Association and discussed the economy, the pandemic, and prospects for boosting the economic recovery.

News
June 24, 2021

Partners Forum 2021

Tom provided an economic update and discussed inflation at the Greater Raleigh Chamber of Commerce Annual Partners Forum.

News
May 7, 2021

West Virginia Chamber of Commerce

Tom Barkin provided an economic update for members of the West Virginia Chamber and answered questions about the rebounding workforce, supply chain and broadband needs, and the impact of the pandemic.

News
April 7, 2021

Global Interdependence Center

Tom Barkin provided an outlook on monetary policy and discussed labor market scarring, deflation and more with GIC Chair Emeritus Don Rissmiller during GIC's Executive Briefing.

News
Feb. 19, 2021

Carolina Business Review – PBS

Tom was featured in an interview with Carolina Business Review about the pandemic’s long-term impact on business, the economy and related issues.

News
Jan. 7, 2021

Economic Forecast Forum

Tom Barkin offered economic insights related to the ongoing pandemic during this 19th annual forum, hosted by the North Carolina Chamber and the North Carolina Bankers Association.

News
Dec. 4, 2020

Lynchburg Economic Summit

Tom Barkin served as a guest speaker during the Lynchburg Regional Business Alliance's Economic Summit in early December 2020.

News
Nov. 18, 2020

Yahoo Finance

Barkin Talks Economy With Yahoo Finance

News
Oct. 22, 2020

Women in Banking Symposium

Richmond Fed President Tom Barkin and Federal Reserve Bank of San Francisco's President Mary Daly participated in a virtual conversation during the second annual conference Promoting Growth and Prosperity Through the Banking Industry: the Power of Gender Diversity in the Boardroom and C-Suite. The Richmond Fed hosted the event in collaboration with Bank on Women, Inc.

News
Oct. 9, 2020

The Free Lance-Star

“Richmond Fed president tells Fredericksburg chamber members there's hope for small businesses”

News
Oct. 3, 2020

The New York Times

"Workers Face Permanent Job Losses as the Virus Persists"

News
Oct. 2, 2020

Bloomberg TV

“2020 Year of Crisis: Generation Interrupted”

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Jim Strader (804) 697-8956 (804) 332-0207 (mobile)