In October, Thomas Hoenig retires after working twenty years for the Federal Reserve Bank. Crosby Kemper III sits down with Hoenig in an on location, special edition of The Local Show to get a unique perspective on the banking industry and the current economic struggles.
The Money Man: The Federal Reserve Bank’s Thomas Hoenig
The Federal Reserve Bank of Kansas City’s headquarters is in the heart of Kansas City, Mo., near the National World War I Museum at Liberty Memorial and Union Station. Thomas M. Hoenig is president and chief executive officer of the Federal Reserve Bank of Kansas City and the senior member of the Federal Reserve System’s Federal Open Market Committee, the key body with authority over national monetary policy in the United States. He sits down with Crosby Kemper III to look back on his career and to give his perspective on the current economic situation.