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Thomas I. Barkin

Tom Barkin

President and Chief Executive Officer

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Tom Barkin is the president and CEO of the Federal Reserve Bank of Richmond. He has held this position since 2018.

Tom serves as a voting member on the Fed’s chief monetary policy body, the Federal Open Market Committee, and is also responsible for bank supervision and the Federal Reserve’s technology organization. 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.

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

Tom’s Public Engagement #AroundOurDistrict

Tom is passionate about engaging firsthand with business, civic and community leaders in the regions served by the Richmond Fed. These meetings provide insight into how the Fifth District economy is faring, informing Tom’s monetary policy perspective. Click on the shaded areas of this interactive map to learn more about his public engagement, 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. For a running schedule of Tom’s public engagements download the data file below.


Schedule of Public Engagement


Recent Essays & Speeches

Feb. 8, 2024

Recent data have been remarkable. President Tom Barkin shares why he still sees reasons for caution.

The Economic Club of New York
The University Club
New York, New York
Jan. 3, 2024

President Tom Barkin reflects on 2023 and shares his outlook for the year ahead.

Raleigh Chamber of Commerce: Launch 2024
Martin Marietta Center for the Performing Arts
Raleigh, North Carolina
Nov. 15, 2023

President Tom Barkin shares how communities in the Fifth District are working to move the needle on housing.

2023 Virginia Governor’s Housing Conference
Hampton Roads Convention Center
Hampton, Virginia

Tom’s Perspective

Jan. 8, 2024

In our new Worth Watching series, Tom shares what he is keeping an eye on. In this recording, Tom delves into one area worth watching: the impact of high interest rates on the economy.

Nov. 29, 2023

Tom and CNBC’s Steve Liesman discuss the disconnect between data releases and what Tom is hearing on-the-ground across the Fifth District, what he’s anticipating for 2024, and the potential path for inflation.

Oct. 2, 2023

Tom joins Odd Lots to discuss the impact of a higher interest rate environment, the current housing market, Taylor Swift’s influence on the economy, and more.

Sept. 28, 2023

Tom meets with Michael McKee to discuss how he uses a combination of upcoming data releases and on-the-ground conversations to inform his views on monetary policy.

May 30, 2023

Tom and NABE Vice President Ellen Zentner have a conversation about inflation, his thoughts ahead of the next FOMC meeting, hybrid work, and more.

March 8, 2023

Tom speaks with Gavin Jackson of SCETV to give an update on the economy and what to expect moving forward.

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