As provided by Section 4 of the Federal Reserve Act, as amended, an election will be held to choose successors, to serve for a three-year term, for the following two directors at this Bank: Class A director, René F. Jones, Chairman and Chief Executive Officer of M&T Bank Corp.; and Class B director, Scott Rechler, Chairman and Chief Executive Officer of RXR. The current Class A and Class B director terms will expire on December 31, 2024. Both of these directors were elected by member banks in Group 1, that is, member banks with capital and surplus of more than $2 billion, and their successors will be chosen by this Group. Member banks in Groups 2 and 3 will not participate in this election.
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The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
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Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
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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.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
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The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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Circular
Nomination of Directors
September 30, 2024
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