Federal Reserve Bank of Chicago
Charles L. Evans

Charles L. Evans
President
Federal Reserve Bank of Chicago

Charles L. Evans took office on September 1, 2007, as the ninth president and chief executive officer of the Seventh District, Federal Reserve Bank of Chicago. In 2022, he serves as an alternate voting member of the Federal Open Market Committee.

Before becoming president, Dr. Evans was director of research and a senior vice president at the Federal Reserve Bank of Chicago. In that capacity he oversaw the Bank's research in monetary policy, banking and financial markets, and regional economics. In addition, he had supervisory responsibility for the Bank's Consumer and Community Affairs unit and the Public Affairs Department. Dr. Evans also served as an associate economist on the FOMC.

Prior to his appointment as research director, Dr. Evans was a vice president and senior economist in the Economic Research Department with responsibility for the macroeconomics research group. His research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation, and financial market prices. His research has been published in the Journal of Political Economy, American Economic Review, Journal of Monetary Economics, Quarterly Journal of Economics, and the Handbook of Macroeconomics.

Dr. Evans has taught at the University of Chicago and the University of Michigan. Prior to joining the Chicago Fed in 1991, he was an assistant professor of economics at the University of South Carolina.

Dr. Evans received a BA in economics from the University of Virginia and a PhD in economics from Carnegie-Mellon University in Pittsburgh.

He is married and has two children.

Bank Location

230 South LaSalle Street
Chicago, IL 60604
(312) 322-5322
Visitor Information
Money Museum

Head office at Chicago, Illinois.

Branch Bank at Detroit, Michigan.

Covers the state of Iowa; 68 counties of northern Indiana; 50 counties of northern Illinois; 68 counties of southern Michigan; and 46 counties of southern Wisconsin.

Website: https://www.chicagofed.org/

Chicago district map

Branches

Detroit
1600 East Warren Avenue, Detroit, MI 48207-1063
P.O. Box 1059, Detroit, MI 48231
(313) 961-6880


List of Directors
Class A
Name Title Term expires
December 31
Susan Whitson Chief Executive Officer
First Bank, and
President
First of Waverly Corporation
Waverly, Iowa
2022
Michael O’Grady Chairman, President, and Chief Executive Officer
Northern Trust
Chicago, Illinois
2023
Christopher J. Murphy, III Chairman and Chief Executive Officer
1st Source Bank
South Bend, Indiana
2024
Class B
Name Title Term expires
December 31
Linda Jojo Executive Vice President, Technology and Chief Digital Officer
United Airlines, Inc.
Chicago, Illinois
2022
David Cyril Habiger President and Chief Executive Officer
J.D. Power
Troy, Michigan
2023
Lisa D. Cook Professor of Economics and International Relations
Michigan State University
East Lansing, Michigan
2024
Class C
Name Title Term expires
December 31
Helene D. Gayle, MD
(Chair)
President and Chief Executive Officer
The Chicago Community Trust
Chicago, Illinois
2022
Jennifer Scanlon
(Deputy Chair)
President and Chief Executive Officer
UL Inc.
Northbrook, Illinois
2023
Vacancy   2024

DETROIT BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
Ronald E. Hall President and Chief Executive Officer
Bridgewater Interiors, LLC
Detroit, Michigan
2022
Kevin Nowlan Executive Vice President and Chief Financial Officer
BorgWarner Inc.
Auburn Hills, Michigan
2023
Sandy K. Baruah President and Chief Executive Officer
Detroit Regional Chamber
Detroit, Michigan
2023
Anika Goss Chief Executive Officer
Detroit Future City
Detroit, Michigan
2024

 

Appointed by the Board of Governors:

Name Title Term expires
December 31
Linda P. Hubbard
(Chair)
President and Chief Operating Officer
Carhartt, Inc.
Dearborn, Michigan
2022
M. Roy Wilson, MD President
Wayne State University
Detroit, Michigan
2023
James M. Nicholson Co-Chairman
PVS Chemicals, Inc.
Detroit, Michigan
2024
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Last Update: May 06, 2022