Elevate Rapid City is pleased to host a townhall meeting with Federal Reserve Bank of Minneapolis President, Neel Kashkari.

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, will be in Rapid City, SD on Thursday, October 16th to hear from the public and the local business community about how the regional economy is faring. At this event, he will be delivering brief remarks and answering questions. Attendees can expect to learn more about monetary policy and other work of the Federal Reserve System and the Minneapolis Fed, and to hear discussion about the economy. This event is hosted by Elevate Rapid City at 4:00 pm Mountain Time at Hyatt Place Rapid City/Downtown. 

The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government. The Ninth District is composed of North Dakota, South Dakota, Montana, Minnesota, Northwestern Wisconsin, and the Upper Peninsula of Michigan. For more information about the Federal Reserve Bank of Minneapolis and the Ninth District, visit www.MinneapolisFed.org

Registration for the town hall is open to the public, and attendees are encouraged to ask questions.

About the Speaker:

Neel Kashkari

Neel Kashkari took office as president and CEO of the Federal Reserve Bank of Minneapolis on January 1, 2016, following a national search conducted by the Bank’s independent board of directors. In this role, he serves as a member on the Federal Open Market Committee, bringing the Ninth District’s perspective to monetary policy discussions in Washington, D.C. In addition to his responsibilities as a monetary policymaker, Neel oversees all operations of the Bank, including supervision and regulation, Treasury services, and payments services. Neel leads the Bank’s many initiatives. He was instrumental in establishing the Opportunity & Inclusive Growth Institute, whose mission is to ensure that world-class research helps to improve the economic well-being of all Americans. Most recently, he’s supported the expansion of the Center for Indian Country Development, which advances the prosperity of Native nations and Indigenous communities through actionable data and research.

Neel began his career as an aerospace engineer at TRW (now Northrop Grumman) in Redondo Beach, California, where he developed technology for NASA space science missions. Following graduate school, he joined Goldman Sachs in San Francisco, where he helped technology companies raise capital and pursue strategic transactions. From 2006 to 2009, Neel served in several senior positions at the U.S. Department of the Treasury. In 2008, he was confirmed as assistant secretary of the Treasury. In this role, he oversaw the Troubled Asset Relief Program (TARP) during the financial crisis. Neel received the Alexander Hamilton Award, the Treasury Department’s highest honor for distinguished service. Following his tenure in Washington, Neel returned to California in 2009 and joined PIMCO as managing director and member of the executive office. He left the firm in 2013 to explore returning to public service and, in 2014, ran for governor of California on a platform focused on economic opportunity.

There is no fee for this event, however, we do ask you to RSVP so we ensure we have enough room to accommodate attendees.