Biography

As CEO of the Kansas City Fed, George leads a workforce of more than 2,000 employees located at the Bank’s Kansas City office and Branch offices in Denver, Oklahoma City and Omaha. The Kansas City Fed oversees seven states: western Missouri, Kansas, Nebraska, Oklahoma, Colorado, Wyoming and northern New Mexico. Throughout this region, the Kansas City Fed plays a role in national monetary policy, supervises financial institutions and provides payment and financial services to depository institutions and the U.S. Treasury.

George joined the Fed in 1982 and served much of her career in the Division of Supervision and Risk Management. She began by becoming a commissioned bank examiner and eventually served for ten years as the District’s chief regulator. In that capacity, she was responsible for oversight of the District's state-chartered member banks and nearly 1,000 bank and financial holding companies, as well as the Bank’s discount window and risk management functions. She was directly involved in the Tenth District’s banking supervision and discount window lending activities during the banking crisis of the 1980s and post-9/11.

She is a former chair of the Federal Reserve System's Community Banking Organizations Management Group. George has also served as the acting director of the Federal Reserve's Division of Banking Supervision and Regulation at the Board of Governors of the Federal Reserve System in Washington, D.C.

George is a native of Missouri. Beyond the Tenth Federal Reserve District, she hosts the Federal Reserve Bank of Kansas City’s annual Jackson Hole Economic Symposium. She has also participated in the Bank for International Settlement’s Financial Stability Institute programs in Lima, Abu Dhabi, Beijing and Malaysia.


Speeches, Statements and Papers

President's Messages

Read President George's column from TEN Magazine.

Evaluating our inflation objective

May 07, 2019 | ten
With the unemployment rate at a historically low level and inflation currently running just under the FOMC’s objective, a longer-run policy issue is whether the persistent undershoot of our inflation objective is undermining its credibility and causing inflation to be anchored at too low a level.

Understanding the roles and responsibilities of the Board of Governors and the FOMC

January 08, 2019 | ten
One of the most closely watched responsibilities that Congress has assigned the Federal Reserve is to administer monetary policy that supports both stable prices and maximum employment.

Monetary policy and reform in practice

August 22, 2018 | ten
When times are good, as they are now, it is an opportune time to resolve some of the uncertainties around how we will implement monetary policy in the future, what strategies we will employ in response to the next downturn, and how can we best promote resilience and stability in our financial system.

The importance of banking diversity

January 03, 2018 | ten
The health and diversity of our banking system remains key to the promise of delivering broad-based economic gains for thousands of communities.

Ensuring that payments keep pace with technology

November 13, 2018 | ten
Technology is changing the way we do business and how people conduct transactions.

Fed Balance Sheet 101

November 07, 2017 | ten
The Federal Reserve balance sheet has received much attention lately.

Why community banks matter

July 05, 2017 | ten
Community banks have an important connection with the Federal Reserve.

A monetary policy for long-run economic stability

April 03, 2017
The outlook for the economy does not call for tight policy by any means, but a gradual and deliberate move to more normal rates is necessary.

Challenging issues for banking in the United States

January 02, 2017 | tenmagazine
The future of banking regulation and the challenges the industry faces.

The Accountability and Governance of the Federal Reserve

October 03, 2016 | ten
President Esther George testifies before the House Subcommittee on Monetary Policy and Trade.

Making a Connection

Videos

Governance

Structure, Governance, Representation

This white paper offers historical perspective and an assessment of the effectiveness of the Federal Reserve System’s current governance and structure.

President's Financial Disclosure

To obtain the most recent financial disclosure forms for Federal Reserve Bank of Kansas City President Esther L. George, please contact Bill Medley.

Federal Reserve Bank of Kansas City Code of Conduct

Our code of conduct details the principles and standards for employee conduct.

Diversity and Inclusion

Read President George's message about our commitment to diversity.

Checks and Balances

Reserve Bank presidents are subject to a reappointment process involving local directors and the Board of Governors.