Biography
Jeff Schmid is president and chief executive officer of the Federal Reserve Bank of Kansas City. He represents the Tenth Federal Reserve District on the Federal Open Market Committee, which sets monetary policy for the United States.
Schmid leads a workforce of nearly 2,000 professionals engaged in the work of the central bank, including monitoring economic conditions, supervising banking institutions, and providing financial services to banks and the United States government. Through offices in Kansas City, Denver, Oklahoma City and Omaha, the Bank serves a seven-state region that includes western Missouri, Kansas, Nebraska, Oklahoma, Colorado, Wyoming, and northern New Mexico. As Bank president, he hosts the annual Jackson Hole Economic Policy Symposium, bringing together international central bankers, academics, and policymakers to discuss economic and financial policy issues.
Among the Bank’s accomplishments under his leadership is the implementation of a five-year strategy aligning the Bank’s efforts in serving the Tenth District. It is focused on deepening and expanding talent investments, leveraging expertise in technology and artificial intelligence, maximizing regional connections and communications, and advancing value-added analytics.
Schmid has more than 40 years of experience in banking and bank supervision. Prior to joining the Kansas City Fed in August 2023, he served as the president and CEO of the Southwestern Graduate School of Banking Foundation at Southern Methodist University’s Cox School of Business, which focuses on bank leadership and strategic planning for community banks.
Among his banking experience, he led Mutual of Omaha’s entry into banking sector, serving as chairman and CEO of Mutual of Omaha Bank which served depositors and borrowers nationwide.
Jeff is a graduate of both the University of Nebraska-Lincoln and the Southwestern Graduate School of Banking at SMU. He is a native of Nebraska.
Explore his latest speeches, outreach and more on the Office of the President page.
See Jeff Schmid's 2024 financial disclosure form here.
See Jeff Schmid’s updated 2023 financial disclosure form here (updated Oct. 21, 2024).
See Jeff Schmid’s 2023 financial disclosure form here.
See Jeff Schmid’s previous financial disclosure form here.
