Thomas M. Hoenig (Hawn-ig) is president and chief executive officer of the Federal Reserve Bank of Kansas City. The Bank is one of 12 regional Banks in the Federal Reserve System, with responsibilities that include participating in setting national monetary policy, supervising and regulating commercial banks and bank holding companies, serving as the bank for the U.S. Government and for commercial banks, and providing other payments services to depository institutions.

Mr. Hoenig directs Federal Reserve activities in the Tenth Federal Reserve District -- an area that includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, the northern half of New Mexico, and the western third of Missouri. He is also a member of the Federal Reserve System's Open Market Committee, the key body with authority over monetary policy.
Mr. Hoenig received his doctorate in Economics from Iowa State University.  He joined the Federal Reserve Bank in 1973 as an economist and was a senior officer in banking supervision during the banking crisis of the 1980s.  He assumed the role of president on Oct. 1, 1991. 

He is a member of the Board of Trustees of the Ewing Marion Kauffman Foundation and serves on the boards of directors of Midwest Research Institute and Union Station.

May 2008

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