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On March 17, 2016, Thomas C. Baxter, general counsel and executive vice president of the Federal Reserve Bank of New York, announced his decision to retire from the New York Fed in September, 2016, after 36 years of service
On March 17, 2016, Thomas C. Baxter, general counsel and
executive vice president of the Federal Reserve Bank of New York,
announced his decision to retire from the New York Fed in
September, 2016, after 36 years of service. Mr. Baxter also serves
on the New York Fed's Management Committee and as deputy
general counsel for the Federal Open Market Committee. Mr. Baxter
will step down in June, but will continue to advise the New York
Fed president and assist in the legal group's transition until
September. The New York Fed will immediately begin the search for
Mr. Baxter's successor.
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