About Us
The Federal Reserve System includes 12 independent regional Reserve Banks located across the U.S. and the Federal Reserve Board of Governors in Washington, D.C. The Philadelphia Fed is the home of the Federal Reserve’s Third District, serving Delaware, southern New Jersey, and eastern and central Pennsylvania.
News Release
Philadelphia Fed Announces New Members, Chair, and Deputy Chair of Its Board of Directors
09 Jan ’26
Peter Ruggiero was appointed as a Class B director, and Michael DiPiano was appointed as a Class C director. William Lo was appointed chair, and Kisha Hortman Hawthorne was appointed deputy chair.
Upcoming Events
Find out about our events, upcoming speeches by President Paulson, FOMC Blackout Periods, and our calendar of economic releases.
Learn MoreSpeech
Thoughts on the U.S. Economy and the Year Ahead
Philadelphia Fed President and CEO Anna Paulson shared her perspective on economic issues at the 2026 Allied Social Science Associations Annual Meeting.