new york fed

The Federal Reserve Bank of New York has named a top state labor union official its chairman, the bank announced Monday.

The Federal Reserve Bank of New York on Friday announced the creation of an investor advisory group, part of its ongoing efforts to closely monitor economic and financial conditions.

Stephen Friedman, the chairman of the New York Federal Reserve Board, abruptly resigned on Thursday, days after questions arose about his ties to Goldman Sachs.

Stephen Friedman, chairman of the Federal Reserve Bank of New York's board of directors, has resigned effectively immediately, the bank announced Thursday.