Neel Kashkari has been president and CEO of the Federal Reserve Bank of Minneapolis since January 1, 2016. He serves as a member on the Federal Open Market Committee, bringing the Ninth Federal Reserve District’s perspective to monetary policy discussions in Washington, D.C. In addition, Neel oversees Minneapolis Fed operations and leads its many initiatives. He was instrumental in establishing the Opportunity & Inclusive Growth Institute, whose mission is to ensure that world-class research helps to improve the economic well-being of all Americans. Most recently, he’s supported the expansion of the Center for Indian Country Development, which advances the prosperity of Native nations and Indigenous communities through actionable data and research. Neel earned his bachelor’s and master’s degrees in mechanical engineering from the University of Illinois. He became an aerospace engineer, developing technology for NASA missions. Eventually turning to finance and public policy, he earned his MBA from the University of Pennsylvania’s Wharton School, joined Goldman Sachs, and served in several senior positions at the U.S. Department of the Treasury, including overseeing the Troubled Assets Relief Program, or TARP, during the financial crisis. Before joining the Minneapolis Fed, he spent four years at PIMCO and then, in 2014, ran for governor of California on a platform focused on economic opportunity.
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Leadership
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Centers and Practice Areas
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Asia Center
Extends the reach and impact of the Milken Institute to the Asia-Pacific region
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Center for Financial Markets
Conducts research and constructs programs designed to facilitate smooth and efficient operation of financial markets
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Center for the Future of Aging
Advances healthy longevity and financial security for all through high-impact policies, research, convenings, and multisector partnerships.
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Center for Public Health
Develops research, programs, and initiatives designed to envision and activate sustainable solutions leading to better health for individuals and communities worldwide.
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Center for Regional Economics and California Center
Analyzes the dynamics that drive job creation and promote industry expansion
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Center for Strategic Philanthropy
Empowers philanthropists to effectively address some of the world's most urgent problems
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FasterCures
Clears roadblocks that prevent medical breakthroughs from reaching patients sooner
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Financial Innovations Labs
Addressing society's greatest challenges through a financial lens
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Global Market Development
Working with government partners in emerging and developing economies to build strong, domestic financial markets.
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Milken Center for Advancing the American Dream
Anyone with a dream should have the opportunity to make it come true—through determination and an economic system that works for all
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Research Department
Addressing global policy issues on Health Economics, International Finance, and Regional Economics
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Government and Policy Engagement
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