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.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
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.