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Mary Daly is named the next head of the San Francisco Fed

Posted On: Sep 14, 2018   |   Posted By: Business Insider

Mary Daly is named the next head of the San Francisco Fed

Reuters/Ann Saphir
Mary Daly has been picked to be the next head for the San Francisco Fed.
She replaces John Williams, who left in July to become president of the New York Fed.
Daly will cast her first vote on monetary policy on November.
- Mary Daly, a labor economist who dropped out of high school, later earned a PhD from Syracuse University, joined the San Francisco Fed's research department in 1996 and led it since 2017, was picked Friday to be the bank's next president after a five-month search.
Daly, 55, will succeed John Williams, who left in July to become president of the New York Fed. She will take over the U.S. central bank's westernmost outpost starting Oct 1, the San Francisco said in a statement. See the rest of the story at Business Insider NOW WATCH: Why horseshoe crab blood is so expensive See Also: The best photos from every single year of Prince Harry's remarkable life Hurricane Florence live updates: The storm has made landfall, bringing 6-foot floods, heavy rain, and 75 mph...

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