Ron J. Feldman First Vice President and Chief Operating Officer
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Ron Feldman is first vice president and chief operating officer. In this role, he leads all Bank operations, including payment and financial services, fiscal agent responsibilities, and a variety of shared services for the entire Federal Reserve System. He also is responsible for finance and budgeting, strategic planning, workforce and talent development, and performance against strategic objectives.
He has led a variety of high-priority Federal Reserve System operational and policy initiatives involving the budget and key operations for all Federal Reserve Banks, including Federal Reserve lending implementation. Ron chaired the Federal Reserve Chief Operating Officer council, which oversees all Reserve Bank and national business line operations.
He is also a primary advisor on monetary policy, playing a leadership role in preparing the Bank president for Federal Open Market Committee meetings and in the development and communication of positions on monetary policy.
An expert on financial institutions and related government policies, Ron has authored more than 50 articles on topics related to banking, finance, and monetary policy. He is one of the foremost authorities on the too-big-to-fail problem, co-authoring Too Big to Fail: The Hazards of Bank Bailouts, published by the Brookings Institution (2004).
Since joining the Bank in 1995, Ron has served as a senior officer for Supervision, Regulation, and Credit and has run the Financial Services Support Office, which assists in the oversight of the Federal Reserve’s financial services.
He has a B.A. with distinction from the University of Wisconsin and an M.P.A. from the Maxwell School, Syracuse University, where he was a university fellow. He is a fellow of the National Academy of Public Administration.
Ron is married and the father of three children. He is an active community member, serving on the Itasca Project Leadership Council and Beth El Synagogue’s board of directors. He is also on the board of visitors for the University of Wisconsin–Madison History Department.
July 2025