President Jeffrey Schmid

Jeff Schmid is the president and chief executive officer of the Federal Reserve Bank of Kansas City.

In his role, Schmid leads a workforce of close to 2,000 employees in Kansas City and its branch offices in Omaha, Denver and Oklahoma City.

The Kansas City Fed is responsible for conducting monetary policy, providing financial services to depository institutions and the U.S. Treasury; and supervising nearly 1,000 banking organizations across its seven-state region, which includes western Missouri, Kansas, Nebraska, Oklahoma, Colorado, Wyoming and northern New Mexico.

Schmid represents the Tenth District on the Federal Open Market Committee, which sets monetary policy for the United States. He participates in each FOMC meeting and will be a voting member in 2025.

Before joining the Kansas City Fed in August 2023, he served as president and CEO of the Southwestern Graduate School of Banking at Southern Methodist University. He has several decades of experience leading banks and began his career as an examiner for the Federal Deposit Insurance Corp.