Economics
Dallas Fed Names Central Bank Insider Lorie Logan as New Chief
- New York Fed portfolio head already attends policy meetings
- Hispanic lawmakers urged Fed to select a Latino for the post
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The Federal Reserve Bank of Dallas on Wednesday named Lorie Logan as its next president, elevating a central bank insider who brings decades of monetary policy experience to the post and making her the first woman to lead the bank.
Logan, 49, comes to Dallas from the New York Fed, where she currently oversees implementation of monetary policy as manager of the Fed’s $9 trillion securities portfolio and serves as executive vice president. She has led market operations, monitoring and analysis there since 2012 and started at the bank in 1999.