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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 on the Fed’s chief monetary policy body, the Federal Open Market Committee, and is also responsible for the Richmond Fed’s 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. 25, 2025

President Tom Barkin reflects on the inflation surge and where the inflation fight stands today.

Rotary Club of Richmond
Willow Oaks
Richmond, Virginia
Jan. 2, 2025

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

First Friday Economic Outlook Forum
Hilton Baltimore BWI Hotel
Linthicum Heights, Maryland
Nov. 12, 2024

President Tom Barkin explores where the U.S. economy is today, how it got here and where it may be headed.

Baltimore Together Summit
Baltimore Center Stage
Baltimore, Maryland

Tom’s Perspective


Aug. 26, 2024

Tom sits down with Tracy Alloway and Joe Weisenthal of Odd Lots to discuss what it’s like to be a Fed president at Jackson Hole.

Aug. 2, 2024

Tom and Chris William of Carolina Business Review chat about the data Tom is keeping an eye on ahead of the September FOMC meeting and Tom’s view on whether inflation and unemployment are normalizing.

May 11, 2024

Tom joins Gavin Jackson of South Carolina ETV to talk about the differences in economies across the Fifth District and how they relate to the broader economy.

May 6, 2024

In his latest “Worth Watching: Economic Insights with Tom Barkin,” Tom shares how one small business has evolved its thinking on pricing.

May 6, 2024

The Odd Lots podcast hosts join Tom on a community conversation in North Carolina to see and hear firsthand how Tom uses on-the-ground conversations to shape his views on the economy and monetary policy.

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