Summer Law Clerks

Summer law clerks will have the opportunity to work on challenging legal issues relating to federal regulation of the nation’s banking system as well as financial markets and the operation of the payment system.

Key Areas of Responsibility

• Drafting and interpreting regulations, standards, and guidance arising from new or revised statutes, such as the Dodd-Frank Act, that expand or otherwise affect the Board's responsibilities.
• Providing legal analysis and assistance with the development and implementation of policies relating to, among other things, monetary policy, payment systems, banking supervision, and consumer protection.
• Providing legal analysis and advice regarding mergers and acquisitions by banking institutions, including international and domestic banking applications, and requests for interpretive advice.
• Conducting formal investigations into potential misconduct by regulated institutions and their insiders.
• Prosecuting contested enforcement actions and assisting supervisory staff in implementing and administering the Bank Secrecy Act and related laws and regulations.
• Providing legal advice and services regarding the operations of the Board and the oversight of Reserve Banks as it relates to internal administrative matters.

Applications for our 2024 Summer Law Clerk Program has closed. Applications for our 2025 Summer Law Clerk Program will begin June 2024. Positions are filled on a rolling basis starting mid-August.

Only second-year law students will be considered. The program is highly competitive, and the class size is small.

Selection Criteria

Applicants should have

• outstanding academic records,
• strong legal analysis,
• strong writing and communication skills,
• maturity and integrity, and
• interest in public service and/or the Board.
• Candidates must be a U.S. citizen to work at the Federal Reserve Board.

Candidates must submit their resume, law school transcript, and writing sample to be considered.

For more information about the program, please contact [email protected].

Last Update: March 11, 2024
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