Jeff Schmid is the president and CEO of the Federal Reserve Bank of Kansas City. He leads a workforce of nearly 2,000 employees in Kansas City and its branches in Omaha, Denver, and Oklahoma City. The Kansas City Fed is responsible for conducting monetary policy and providing financial services to depository institutions and the U.S. Treasury. He also supervises nearly 1,000 banking organizations across western Missouri, Kansas, Nebraska, Oklahoma, Colorado, Wyoming, and northern New Mexico. Schmid represents the Tenth District on the Federal Open Market Committee, which sets monetary policy for the U.S. He participates in FOMC meetings and will be a voting member in 2025. Previously, Schmid served as CEO of the Southwestern Graduate School of Banking at Southern Methodist University. He has decades of experience leading banks and began his career as a Federal Deposit Insurance Corp examiner.