Raphael W. Bostic took office June 5, 2017, as the fifteenth president and chief executive officer of the Federal Reserve Bank of Atlanta. He was responsible for all the Bank’s activities, including monetary policy, bank supervision and regulation, and payment services. In addition, he served on the Federal Reserve’s chief monetary policy body, the Federal Open Market Committee (FOMC).Bostic worked at the Federal Reserve Board of Governors from 1995 to 2001, serving as an economist and then a senior economist in the monetary and financial studies section, where his work on the Community Reinvestment Act earned him a special achievement award. In 1999, he served as special assistant to the assistant secretary of policy development and research at the US Department of Housing and Urban Development (HUD). He was also a professional lecturer at American University in 1998.<\/p>\n","protected":false},"excerpt":{"rendered":"