Tom Barkin

USC Beaufort to present economic update with Barkin

From staff reports

USC Beaufort is inviting the community to an economic update roundtable discussion led by Tom Barkin, President and CEO of the Federal Reserve Bank of Richmond, Va.

The event will take place from 2 to 3 p.m., Wednesday, July 10, on USCB’s Beaufort Campus, 801 Carteret Street, Beaufort — the Historic Beaufort College Building.

Barkin has held the position of President and CEO of the Federal Reserve Bank of Richmond since 2018. Barkin earned his bachelor’s, MBA and law degree from Harvard University. 

Barkin is a voting member on the Fed’s chief monetary policy body and the Federal Open Market Committee. He is responsible for the Fed’s Fifth District, which includes South Carolina, North Carolina, Virginia, Washington D.C., West Virginia and Maryland. His engagement in the region has brought attention to areas facing economic challenges. 

Before joining the Richmond Fed, Barkin was a senior partner and CFO at McKinsey & Company, a worldwide management consulting firm. There he oversaw McKinsey’s offices in the southern United States.

Participants will have the opportunity to share their thoughts on how the current economy is impacting their industries.

The event is presented by USCB and Palmetto State Bank. RSVP to Angela Frazee at frazeea@uscb.edu.

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