Mary Daly takes San Fran Fed presidency

Mary Daly
Mary Daly
Photo: Laura Freeze

The Federal Reserve Bank of San Francisco’s head of research has been appointed to succeed John Williams as president of the institution.

Following in the footsteps of former Fed chair Janet Yellen, who held the role from 2004 to 2010, Mary Daly will assume her new role on October 1.

“I believe very strongly in the Federal Reserve’s mission and in the important role we play in helping to create strong, stable economic conditions in all corners of the country that allow individuals and

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