Management and Budget Committee - FEDERAL RESERVE BANK of NEW YORK

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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
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STANDING COMMITTEES OF DIRECTORS

Management and Budget Committee

Scott Rechler, Chair
John H. Buhrmaster
Michael J. Gilfeather
René F. Jones
Patricia White

Management and Budget Committee Charter ››

Updated: January 2026

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