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Michael Held

Michael Held is the general counsel and EVP of the Legal Group at the New York Federal Reserve Board (NY Fed). He is also a member of the Bank's Executive Committee. In addition, he serves as deputy general counsel of the Federal Open Market Committee.

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Organizational culture: One central bank lawyer’s perspective

by Michael Held

Compendium

May 16, 2021

It is an honor to join the regulators, academics, and market participants contributing to this edition of Starling’s Compendium. My colleagues and I at the New York Fed have learned much from our conversations with many of these contributors, and I look forward to reading this year’s essays. About seven years ago, the New York Fed decided to use its position, influence, and credibility to “shine a spotlight” on the issue of culture ... (cont)

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