Biography

As CEO of the Kansas City Fed, George leads a workforce of more than 1,600 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

Jul 12, 2017 | Fed Balance Sheet 101

By Esther George
Denver, Colorado

May 15, 2017 | Lessons Learned Along the Way

By Esther George
Kansas City, Missouri

May 8, 2017 | Evaluating the Balance of Economic Risks and Monetary Policy

By Esther George
Santa Barbara, California

May 4, 2017 | Strategies for Improving the U.S. Payments System: Maintaining the Momentum

By Esther George
Chicago, Illinois

Apr 18, 2017 | On the Path of Monetary Policy Normalization

By Esther George
Annandale-on-Hudson, New York

Apr 6, 2017 | Why Community Banks Matter

By Esther George
New York, New York

Feb 28, 2017 | A Monetary Policy for Long-Run Economic Stability

By Esther George
Stanford City, California

Nov 18, 2016 | The Energy Sector, U.S. Economic Outlook and Monetary Policy

By Esther George
Houston, Texas

Sep 7, 2016 | Statement to the House Subcommittee on Monetary Policy and Trade

By Esther George
Washington, District of Columbia

May 12, 2016 | Longer-Term Labor Market Trends, the Economic Outlook and Monetary Policy

By Esther George
Albuquerque, New Mexico

Apr 7, 2016 | The Outlook and Monetary Policy

By Esther George
York, Nebraska

Feb 2, 2016 | The U.S. Outlook and Monetary Policy

By Esther George
Kansas City, Missouri

Oct 6, 2015 | Improving Through Collaboration: The Federal Reserve’s Perspective

By Esther George
Chicago, Illinois

Jul 9, 2015 | Weighing the Costs of Waiting

By Esther George
Stillwater, Oklahoma

Jun 26, 2015 | The Federal Reserve’s Role in the Payments System

By Esther George
Kansas City, Missouri

Mar 4, 2015 | The Next Phase of Monetary Policy

By Esther George
Kansas City, Missouri

Feb 10, 2015 | Monetary and Macroprudential Policy: Complements, Not Substitutes

By Esther George
Manila, Phillipines

Sep 23, 2014 | Community Bank Regulation: Intent vs. Reality

By Esther George
St. Louis, Missouri

Jul 15, 2014 | A Steady Transition for Monetary Policy

By Esther George
Kansas City, Missouri

Jun 3, 2014 | The Path to Normalization

By Esther George
Breckenridge, Colorado

May 29, 2014 | Supervisory Frameworks and Monetary Policy

By Esther George
Menlo Park, California

May 21, 2014 | Structure Matters: The Decentralized Federal Reserve

By Esther George
Washington, District of Columbia

Jan 31, 2014 | Current Monetary Policy and the Implications for Supervision and Regulation

By Esther George
Cape Town, South Africa

Jan 9, 2014 | The Economic and Banking Outlook

By Esther George
Madison, Wisconsin

Nov 22, 2013 | Effective Supervision: Balancing New and Traditional Approaches

By Esther George
Paris, France

Oct 16, 2013 | Robert Owen and His Legacy

By Esther George
Oklahoma City, Oklahoma

Sep 26, 2013 | U.S. Monetary Policy: Risks of Delayed Action

By Esther George
Denver, Colorado

Sep 6, 2013 | The Federal Reserve and the Path of Monetary Policy

By Esther George
Omaha, Nebraska

Apr 4, 2013 | Central Bank Patience

By Esther George
El Reno, Oklahoma

Jan 10, 2013 | The U.S. Economy and Monetary Policy

By Esther George
Kansas City, Missouri

Nov 16, 2012 | Recovery from Financial Crisis

By Esther George
Panama City

Nov 2, 2012 | Can Community Banks Still Compete?

By Esther George
Kansas City, Missouri

Sep 28, 2012 | Next Time Can Be Different

By Esther George
Beijing, China

May 22, 2012 | Perspectives on 150 Years of Dual Banking

By Esther George
Savannah, Georgia

Apr 11, 2012 | Looking Ahead: Financial Stability and Microprudential Supervision

By Esther George
New York, New York

Mar 29, 2012 | The Federal Reserve and the Payments System

By Esther George
Kansas City, Missouri

Jan 10, 2012 | The U.S. Economy and Monetary Policy in 2012

By Esther George
Kansas City, Missouri

President's Messages

Read President George's column from TEN Magazine.

The Accountability and Governance of the Federal Reserve

April 01, 2016
President Esther George testifies before the House Subcommittee on Monetary Policy and Trade.

A Gradual Policy Approach

July 13, 2016
The economy continues to strengthen; however, economic outlooks are subject to change, and forecasts are imperfect predictions.

The U.S. Outlook and Monetary Policy

April 01, 2016
The economy continues to strengthen; however, economic outlooks are subject to change, and forecasts are imperfect predictions.

Main Street Connections

February 16, 2016
Congress recognized the importance of connecting the nation's central bank to the Main Streets of America.

Weighing the Cost of Waiting

The Great Recession and recovery required massive bailouts and unconventional monetary policy. Seven years later, uncertainty still lingers about financial reforms and the overall economy.

Five Simple Lessons From the Fed

October 14, 2015
President George shares the life-lessons she has learned while working at the Federal Reserve Bank of Kansas City.

Making a Connection

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.