The Federal Reserve Bank of Boston announced Wednesday that University of Michigan economist Dr. Susan M. Collins will serve as its next president and CEO
System," said Dr. Christina Paxson, president of Brown University and chair of the Bank’s Board of Directors.FINANCIAL, ENERGY SECTORS MOST AT RISK FROM FED RATE HIKES: INVESTMENT STRATEGIST
"Dr. Collins brings the technical expertise and insight to contribute to policymaking and the leadership ability to head the organization," continued Paxson, who led the presidential search committee. "She is deeply committed to serving the public, engaging with constituents, and advancing economic stability, opportunity, and prosperity for the region and nation through the work of the central bank.
"It is an honor and an inspiration to serve as the Boston Fed’s next president," Collins said in a statement. "Throughout my career, I have been driven by a commitment to leveraging research, education, and public service to improve lives. I look forward to helping the Bank and System pursue the Fed’s dual mandate from Congress – achieving price stability and maximum employment.
Former Boston Federal Reserve President Eric Rosengren visits Fox Business News at Fox Business Network Studios on September 20, 2019 in New York City.
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