First Vice President of the Federal Reserve Bank of New York
Christine M. Cumming
First Vice President
Federal Reserve Bank of New York
Christine M. Cumming is first vice president of the Federal Reserve Bank of New York and serves as its chief operating officer. She is an alternate voting member of the Federal Open Market Committee.
Dr. Cumming was born on June 6, 1952, in Minneapolis, Minnesota. She earned a B.S. and a Ph.D. in economics from the University of Minnesota.
Dr. Cumming joined the Bank's staff in September 1979 as an economist in the International Research Department. While in the Bank’s International Capital Markets staff, she worked on topics such as the liquidity of banks and securities firms and the international competitiveness of U.S. financial institutions.
In January 1992, Dr. Cumming was appointed vice president and assigned to domestic bank examinations in Bank Supervision. She was active in the work of the Basel Committee, including the development of the market risk amendment to the Basel Accord. From March 1994 until September 1999, Dr. Cumming was senior vice president responsible for the bank analysis and advisory and technical services functions in the Bank Supervision Group.
Prior to being named to her current position, she was executive vice president and director of research with responsibility for the Research and Market Analysis Group. Dr. Cumming assumed these responsibilities in September 1999.
New York -- Second District
- Head office at New York, New York.
Branch Bank at Buffalo, New York.
Covers the state of New York; Fairfield County in Connecticut; and 12 counties in northern New Jersey, and serves the Commonwealth of Puerto Rico and the U.S. Virgin Islands.