Judy DeHaven, CEO Communications

On Wednesday, November 17, New York Fed President John Williams spoke at the 2021 U.S. Treasury Market Conference, co-hosted by the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission.

Julie Lasson, Corporate Communications Associate, Communications and Outreach

On Tuesday, May 11, New York Fed President John Williams spoke at a webinar hosted by the Alternative Reference Rates Committee about key principles to keep in mind in the transition off the London Interbank Offered Rate (LIBOR).

Felicity Barber, Executive Speech Writer, Communications and Outreach

On Tuesday, September 29, New York Fed President John Williams spoke at the U.S. Treasury Market Conference about the importance of well-functioning financial markets and how the Fed has responded to recent episodes of volatility.

Felicity Barber, Executive Speech Writer, Communications and Outreach

On Thursday, July 16, New York Fed President John Williams spoke at the 16th Meeting of the Office of Financial Research’s Financial Research Advisory Committee about the Federal Reserve’s response to the current financial crisis.

Julie Lasson, Corporate Communications Associate, Communications and Outreach

On Monday, July 13, New York Fed President John Williams spoke at a webinar hosted by the Bank of England and the New York Fed about why the transition away from the London Interbank Offered Rate (LIBOR) is so important, and what still needs to be done between now and the end of next year.

Felicity Barber, Executive Speech Writer, Communications and Outreach

On Monday, July 15, New York Fed President John Williams spoke at the Securities Industry and Financial Markets Association (SIFMA) about the transition away from LIBOR.

Betsy Bourassa, Corporate Communications Associate, Communications and Outreach

In a speech last week, New York Fed Executive Vice President and General Counsel Michael Held discussed the transition away from the widely used reference rate known as the London Interbank Offered Rate (LIBOR). In his remarks, he described LIBOR’s weaknesses, the threats posed by the fact that it could soon disappear, and the urgent work under way to transition to alternative reference rates, including the Secured Overnight Financing Rate (SOFR).

New York Fed

LIBOR is often dubbed “the world’s most important number” and you’ve likely heard about widespread manipulation of the benchmark rate that resulted in significant fines for some banks.