President Neel Kashkari

Neel Kashkari Neel Kashkari took office as president and chief executive officer of the Federal Reserve Bank of Minneapolis on January 1, 2016. In this role, he serves on the Federal Open Market Committee, bringing the Fed’s Ninth District’s perspective to monetary policy discussions in Washington. In addition to his responsibilities as a monetary policymaker, Kashkari oversees all operations of the bank, including supervision and regulation, and payments services. He is on the Board of the Economic Club of Minnesota and the Twin Cities PBS (TPT) President’s Council.

Kashkari began his career as an aerospace engineer at TRW in Redondo Beach, Calif., where he developed technology for NASA space science missions. Following graduate school, he joined Goldman Sachs in San Francisco, where he helped technology companies raise capital and pursue strategic transactions.

From 2006 to 2009, Kashkari served in several senior positions at the U.S. Department of the Treasury. In 2008, he was confirmed as assistant secretary of the Treasury. In this role, he oversaw the Troubled Assets Relief Program (TARP) during the financial crisis. Kashkari received the Alexander Hamilton Award, the Treasury Department’s highest honor for distinguished service.

Following his tenure in Washington, Kashkari returned to California in 2009 and joined PIMCO as managing director and member of the executive office. He left the firm in 2013 to explore returning to public service.

In January 2014, Kashkari was a gubernatorial candidate in the state of California, running on a platform focused on economic opportunity.

Kashkari earned his bachelor’s and master’s degrees in mechanical engineering at the University of Illinois at Urbana-Champaign and his MBA from the Wharton School at the University of Pennsylvania.

Neel Kashkari named president and CEO of Minneapolis Fed, effective Jan. 1, 2016

Download a high-resolution photo of Neel Kashkari [JPG, 523k]

Neel Kashkari's Twitter account [off-site]


Papers & Articles

Why I Dissented Again, June 16, 2017

Jamie Dimon’s Shareholder (Advocacy) Letter, April 6, 2017  

Why I Dissented, March 17, 2017

WSJ Op-Ed: Make Big Banks Put 20% Down—Just Like Home Buyers Do, The Wall Street Journal, February 14, 2017

Why I Voted to Keep Rates Steady, February 7, 2017

Taylor rule would have kept millions out of work, January 5, 2017

Computer Can’t Do the Fed’s Job, The Wall Street Journal, December 19, 2016

Nonmonetary Problems: Diagnosing and Treating the Slow Recovery, September 12, 2016


Speeches

Neel Kashkari's Town Hall Forum in Winona, Minnesota
East Hall, Kryzsko Commons, Winona State University, November 27, 2017 Video

Tribal Community Perspectives on Higher Education
Federal Reserve Bank of Minneapolis, September 27, 2017

Neel Kashkari's Town Hall Forum in Grand Forks, North Dakota September 25, 2017 Video

Neel Kashkari Speaking at the Carlson School of Management at the University of Minnesota
McNamara Alumni Center, September 5, 2017 Video

Neel Kashkari with the Edina Rotary Club
Edina Country Club, August 17, 2017 Video

Neel Kashkari at the Independent Community Bankers of Minnesota Annual Convention
JW Marriott, August 11, 2017 Video

Neel Kashkari at the Rotary Club of Downtown Sioux Falls
Holiday Inn, August 7, 2017 Video

Neel Kashkari Speaking at the Business Networking Luncheon in Woodbury
Woodbury Area Chamber of Commerce, July 28, 2017 Video

Neel Kashkari at the Minnesota Women's Economic Roundtable luncheon
The Minneapolis Club, July 11, 2017 Video

Neel Kashkari's Town Hall Forum in Houghton, Michigan June 27, 2017 Video

Neel Kashkari's Town Hall Forum in Ashland, Wisconsin May 24, 2017 Video

Neel Kashkari with Paul Weech at a CICD Roundtable
Federal Reserve Bank of Minneapolis, May 23, 2017 Video

Conversation with Neel Kashkari at the Minnesota Business Ethics Awards
Nicolett Island Pavilion, May 10, 2017 Video

Neel Kashkari at the MN High Tech Association 2017 Spring Conference May 9, 2017 Video

Q&A with Neel Kashkari at Claremont McKenna College
Claremont McKenna College, April 24, 2017 Video

Q&A with Neel Kashkari at Fink Investing Conference
UCLA Anderson School of Management, April 24, 2017 Video

Neel Kashkari at the Community Economic Development Symposium April 21, 2017 Video

Neel Kashkari at the Minnesota Business Partnership April 11, 2017 Video

Q&A with Neel Kashkari at the 2017 Banking Law Institute
Minnesota CLE Conference Center, March 31, 2017 Video

Transforming Education
Washington, DC, March 23, 2017

Ending Too Big to Fail – The Minneapolis Plan at the NABE Economic Policy Conference
Washington, D.C., March 6, 2017

Q&A with Neel Kashkari in Golden Valley
Financial Planning Association of Minnesota, February 21, 2017 Video

Introducing the Opportunity and Inclusive Growth Institute
Minneapolis Urban League, January 18, 2017 Video

Neel Kashkari Presents the Minneapolis Plan to End Too Big to Fail
Economic Club of New York, November 16, 2016 Video

Q&A with Neel Kashkari
Eau Claire Chamber of Commerce, November 9, 2016 Video

An Evening with Neel Kashkari at the University of Montana
College of Humanities and Sciences, University of Montana, October 13, 2016 Video

Q&A with Neel Kashkari at Bethel University
Bethel University, October 11, 2016 Video

Opening Remarks at the Early Childhood Development in Indian Country Conference
Minneapolis, October 5, 2016 Video

Town Hall Event Featuring President Kashkari
Rapid City, SD, September 29, 2016 Video

Fireside Chat with Neel Kashkari at Institutional Investor Conference
Minneapolis, MN, September 28, 2016 Video

Neel Kashkari Q&A at BOMA's Thought Leader Seminar in Saint Paul, MN September 12, 2016 Video

Conversation with Federal Reserve Bank Presidents James Bullard and Neel Kashkari July 15, 2016

An Update on Ending Too Big to Fail
Washington, D.C., June 20, 2016 Video

The Role and Limitations of Monetary Policy
Minneapolis, Minnesota, May 9, 2016 Video

Update on Minneapolis Fed Ending Too Big to Fail Initiative
Minneapolis, April 18, 2016 Video

A Conversation with Neel Kashkari at Greater MSP February 23, 2016 Video

Lessons from the Crisis: Ending Too Big to Fail
Brookings Institution, Washington, D.C., February 16, 2016 Video