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September 14, 2020

FED appoints Trevor Reeve as director of the Division of Monetary Affairs

For release at 11:00 a.m. EDT

The FED on Monday announced the appointment of Trevor Reeve as director of the Division of Monetary Affairs. Prior to the appointment, Reeve served as a deputy director of the division.

As director, Reeve will advise the Board of Governors & the Federal Open Market Committee on the conduct of monetary policy, including open market operations & the discount window, & will lead the division’s more than 170 staff in its efforts to support that work. In recent years, he has played a central role in supporting the FOMC’s monetary policy process.

“Trevor brings to the role of director a wealth of experience in policy analysis & in facilitating the monetary policymaking process,” said Federal Reserve Chair Jerome H. Powell. “His keen insights & advice have been indispensable to my colleagues & me.”

Reeve first joined the Board in 1998 as an economist in the Division of International Finance & was appointed to the Board’s official staff in 2006. He served in progressively more senior roles in the Division of International Finance, overseeing sections that monitor foreign economies, trade issues, & foreign financial issues. In 2012, he spent a year as senior adviser to the U.S. Executive Director of the International Monetary Fund. In 2014, Reeve became special adviser to then-Chair Janet L. Yellen & was appointed deputy director of the Division of Monetary Affairs in 2017.

Reeve earned a B.S. in International Studies from the University of Utah in 1993. He received a M.A. in economics in 1996 & a Ph.D. in economics in 1998, both from Harvard University. He succeeds Thomas Laubach, who spent nearly two decades in service to the Federal Reserve & had led the division since 2015.

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Last Update:

September 14, 2020