The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Adam Ashcraft is a Senior Vice President in the financial risk management area of the Credit and Payments Risk Group where he is head of the Structured Product Function.His research has focused on the effects of bank capital requirements, monetary policy and labor market issues. He joined the Bank in July 2001. Mr. Ashcraft received his PhD from MIT in June 2001.