Leading Federal Reserve Bank
Tuesday, April 1, 2008
James B. Bullard ’84 has been named president and chief executive officer of the Federal Reserve Bank of St. Louis. The native of Forest Lake, Minn., earned his St. Cloud State bachelor's degrees in economics and quantitative methods and information systems.
The St. Louis bank is one of 12 regional banks in the Federal Reserve System, which formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, and provides payment services to financial institutions and the U.S. government.
Bullard joined the research division in the St. Louis Federal Reserve Bank in 1990. He holds a doctorate in economics from Indiana University in Bloomington. He is a co-editor of the Journal of Economic Dynamics and Control and a peer reviewer for more than two dozen periodicals or institutions.
Bullard lives in the St. Louis area with his wife, Jane Callahan ’83, who is the public policy director for Parents as Teachers National Center. The couple has two daughters.