President 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'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
Neel Kashkari's Town Hall Forum in Houghton, Michigan June 27, 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
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 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
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
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
An Evening with Neel Kashkari at the University of Montana
College of Humanities and Sciences, University of Montana, October 13, 2016 Video
Opening Remarks at the Early Childhood Development in Indian Country Conference
Minneapolis, October 5, 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
Saint Paul, MN, September 12, 2016 Video
Audio: Conversation with Federal Reserve Bank Presidents James Bullard and Neel Kashkari
St. Louis, Missouri, July 15, 2016
Update on Minneapolis Fed Ending Too Big to Fail Initiative
Minneapolis, April 18, 2016 Video