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The Federal Reserve Bank of New York was incorporated in May 1914 and opened for business in November later that year. To commemorate the New York Fed’s centennial, take a look at the people and events that helped shape our history.

Videos by NY Fed

Health & the Economy w/ U.S. Surgeon General Vivek Murthy (4/5/22)

On Tuesday, April 5, 2022, the Federal Reserve Bank of New York hosted a virtual event on health and the economy, featuring a conversation between New York Fed President John C. Williams and U.S. Surgeon General Dr. Vivek H. Murthy. Topics of the discussion, moderated by reporter Emily Flitter of The New York Times, included the intersection of health and economics, national efforts to promote a healthy workforce, and lessons learned during the pandemic.

For more information, visit nyfed.org/health.

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The Future of NYC, Charting an Equitable Recovery | Ideas at Work (Event, 3/31/22)

On March 31, 2022, the Federal Reserve Bank of New York hosted “The Future of New York City: Charting an Equitable Recovery for All,” a day-long hybrid event featuring some of the city’s—and the nation’s—key leaders and thinkers on topics including the future of remote work, the role of cities in a post-pandemic economy, and the role of transportation in the city’s future.

This video includes the event’s final sessions, "Blueprint for NYC" and "Ideas at Work," featuring insights from the NYC Economic Development Corporation, BlocPower, HERE to HERE, Miren, Green Bronx Machine, NYU’s Department of Population Health, and Enterprise Community Partners.

The global pandemic was a historic blow to both New York’s people and its economy. This event focused on charting a path to an inclusive

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The Future of NYC, Charting an Equitable Recovery | Session 3 (Event, 3/31/22)

On March 31, 2022, the Federal Reserve Bank of New York hosted “The Future of New York City: Charting an Equitable Recovery for All,” a day-long hybrid event featuring some of the city’s—and the nation’s—key leaders and thinkers on topics including the future of remote work, the role of cities in a post-pandemic economy, and the role of transportation in the city’s future.

This video includes the event’s third session, "Will the Pandemic Accelerate Urban Inequality?"

The global pandemic was a historic blow to both New York’s people and its economy. This event focused on charting a path to an inclusive recovery, featuring presentations and discussions on why New York City has thrived through pandemics, depressions, wars, and recessions; how to foster a recovery that reduces urban

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The Future of NYC, Charting an Equitable Recovery | Keynote Discussion (Event, 3/31/22)

On March 31, 2022, the Federal Reserve Bank of New York hosted “The Future of New York City: Charting an Equitable Recovery for All,” a day-long hybrid event featuring some of the city’s—and the nation’s—key leaders and thinkers on topics including the future of remote work, the role of cities in a post-pandemic economy, and the role of transportation in the city’s future.

This video includes the event’s keynote discussion, "The Role of Transportation and Infrastructure in NYC’s Future."

The global pandemic was a historic blow to both New York’s people and its economy. This event focused on charting a path to an inclusive recovery, featuring presentations and discussions on why New York City has thrived through pandemics, depressions, wars, and recessions; how to foster a recovery that

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The Future of NYC, Charting an Equitable Recovery | Session 2 (Event, 3/31/22)

On March 31, 2022, the Federal Reserve Bank of New York hosted “The Future of New York City: Charting an Equitable Recovery for All,” a day-long hybrid event featuring some of the city’s—and the nation’s—key leaders and thinkers on topics including the future of remote work, the role of cities in a post-pandemic economy, and the role of transportation in the city’s future.

This video includes the event’s second session, "Are Big Cities Still Good Places to Work and Live?"

The global pandemic was a historic blow to both New York’s people and its economy. This event focused on charting a path to an inclusive recovery, featuring presentations and discussions on why New York City has thrived through pandemics, depressions, wars, and recessions; how to foster a recovery that reduces urban

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The Future of NYC, Charting an Equitable Recovery | Welcome Remarks & Session 1 (Event 3/31/22)

On March 31, 2022, the Federal Reserve Bank of New York hosted “The Future of New York City: Charting an Equitable Recovery for All,” a day-long hybrid event featuring some of the city’s—and the nation’s—key leaders and thinkers on topics including the future of remote work, the role of cities in a post-pandemic economy, and the role of transportation in the city’s future.

This video includes welcome remarks from New York Fed President John C. Williams, as well as the event’s first session, "Is this Time Different? Will Remote Working Change the Urban Landscape?"

The global pandemic was a historic blow to both New York’s people and its economy. This event focused on charting a path to an inclusive recovery, featuring presentations and discussions on why New York City has thrived through

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Trust in Banks: Where Are We Now? (Financial Services Culture Event, 3/29/22)

As part of its initiative to spur reform of culture and conduct in the financial services industry and encourage the industry to raise standards, the Federal Reserve Bank of New York is hosting a continuing series of web events.

The first webinar of 2022 took place on March 29, and is available to watch here in full.

The virtual event, "Trust in Banks: Where Are We Now?" explored the evolution and current state of trust in financial services and how public perceptions about industry culture contribute to that trust. Panelists also consider how trust impacts behavior within organizations—particularly in the new work environment—and how to influence internal levels of trust.

New York Fed President and CEO John Williams offered a opening and closing remarks. A panel discussion was

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Investing in Health: The Intersection of Business, Public Health, & Community Development (Event)

On Wednesday, January 19, 2022, the Federal Reserve Bank of New York and New York City’s Department of Health and Mental Hygiene hosted a virtual event, "Investing in Health: The Intersection of Business, Public Health, and Community Development." The event in full is available to watch here.

The event brought together business leaders and public health professionals to examine how the pandemic has changed the scope of social responsibility and the ways in which the private sector is investing in the health of individuals and communities.

Panelists discussed how they are prioritizing investments to meet local health needs while ensuring equitable impact. They also discussed how they’re measuring social and financial outcomes and devising mechanisms to boost more private investment and

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Combatting Food Insecurity: What’s Working – and What’s Scalable? (Full Event, 11/30/21)

On Tuesday, November 30, the Federal Reserve Bank of New York hosted a virtual event, “Combating Food Insecurity: What’s Working and What’s Scalable?” The event featured leaders from all sectors of the food system who are investing in and deploying market-based solutions and interventions to help ensure everyone has access to healthy and affordable food. New York Fed President and Chief Executive Officer John C. Williams delivered opening remarks.

The event is part of the New York Fed focus on three areas affecting community development: household financial well-being, climate-related risks to low- and moderate-income communities, and the social determinants of health. One of the key social determinants of health is consistent access to nutritious food.

Featured speaker Professor

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An Economy That Works For All: Fostering Low-Income Homeownership (Full Event, 11/18/21)

The Federal Reserve Bank of New York hosted a virtual event, "An Economy That Works for All: Fostering Low-Income Homeownership" on November 18, 2021.

This multi-disciplinary event featured presentations by researchers at Federal Reserve Banks on the latest research on mortgage forbearance and refinancing, with focus on differences across income and race.

The event also featured a discussion by business and nonprofit leaders working to prepare low-income families for homeownership and build capacity in organizations focused on expanding homeownership.

A second panel featured leaders from the financial and banking sector discussing their efforts to address hurdles to first-time home-buying for low-income families and mortgage forbearance.

To learn more about the New York Fed’s work

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Introducing the New York Innovation Center (Launch Event 11/29/21)

The New York Fed hosted a virtual event to launch the New York Innovation Center (NYIC), a strategic partnership with the Bank for International Settlements (BIS) Innovation Hub. As part of the New York Fed, the NYIC is collaborating with the Federal Reserve System, the BIS Innovation Hub, and public and private sector experts to validate, design, build, and launch new financial technology products and services for the central bank community.

At this event, senior leaders from the New York Fed, the Federal Reserve Board of Governors, the BIS, and the private sector shared their perspectives on the importance of innovation for the central bank community, the value of the strategic partnership, and the opportunity areas for the New York Innovation Center.

For more information, visit

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Podcast S3E9: "Reforming the Financial Services Industry" with Mikael Down

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 9: "Reforming the Financial Services Industry" is available to listen to here in full.

Mikael Down worked as the Executive Director for Assessment and Insights at the Financial Services Culture Board, an industry body that assesses culture at financial institutions in the UK and helps to design cultural interventions at member firms. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," Mikael shares his perspective on how cultural norms in the UK banking sector have evolved in recent years, including the pandemic’s impact on firms’ relationships with their employees.

All three seasons of Bank Notes are

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Podcast S3E8: "Building Processes that Serve Everyone" with Mark Roe

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 8: "Building Processes that Serve Everyone" is available to listen to here in full.

Mark Roe is the Head of Risk Culture at the Australian Prudential Regulation Authority (APRA). With a background in Criminology, he brings a unique perspective to the supervision of governance, behavior and culture. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," Mark shares his perspective on why risk culture matters and how organizations can impact decision-making among staff.

All three seasons of Bank Notes are available at nyfed.org/podcast, as well as wherever listeners get their podcasts.

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Podcast S3E7: "Shaping (and Re-Shaping) What’s ‘Normal’" with Betsy Levy Paluck

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 7: "Shaping (and Re-Shaping) What’s ‘Normal’" is available to listen to here in full.

Betsy Levy Paluck is a Professor of Psychology and Public Affairs at Princeton University. She studies the way group norms are shaped and changed, including how social perceptions and networks can be used to influence behavior. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," Betsy explains – among other things — why we’re really all just middle schoolers at heart.

All three seasons of Bank Notes are available at nyfed.org/podcast, as well as wherever listeners get their podcasts.

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Podcast S3E6: "Understanding Behaviors in Context" with David Grosse

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 6: "Understanding Behaviors in Context" is available to listen to here in full.

David Grosse is responsible for conduct risk, culture and behavior at HSBC Global Banking and Markets. A long-time banker, he became convinced that understanding human behavior was central to understanding what was happening at a bank, and went back to school to earn an MSc in Behavioral Science. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," David tells us about his own experiences with context and group behaviors – including at rugby and soccer matches.

All three seasons of Bank Notes are available at nyfed.org/podcast,

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Podcast S3E5: "Applying Neuroscience to the Workplace" with Elizabeth "Zab" Johnson

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 5: "Applying Neuroscience to the Workplace" is available to listen to here in full.

Elizabeth “Zab” Johnson is a neuroscientist and the Executive Director of the Wharton Neuroscience Initiative at the University of Pennsylvania, where she harnesses insights from brain science to help understand and improve business outcomes. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," Zab helps us to better understand the neuroscience behind the behaviors and decisions that we see, and shares how practices like perspective-taking can help build stronger cultures.

All three seasons of Bank Notes are available at

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Podcast S3E4: "Prioritizing People and Mission… in Space" with Holly Ridings

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 4: "Prioritizing People and Mission… in Space" is available to listen to here in full.

Holly Ridings is the Chief Flight Director at NASA, an institution that’s spent more than six decades thinking about how culture connects to outcomes. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," she talks about putting safety and mission first, the importance of having humility to learn from past mistakes, and how NASA’s culture helps directors of human space flight develop their command presence and remain laser-focused.

All three seasons of Bank Notes are available at nyfed.org/podcast, as well as wherever

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Podcast S3E3: "Establishing Values, Not Rules" with Mark Mortenson

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 3: "Establishing Values, Not Rules" is available to listen to here in full.

Mark Mortensen is an Associate Professor of Organizational Behavior at INSEAD. He studies collaboration, team dynamics, and communication, with a particular focus on remote and distributed work. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," Mark tells us what drew him from engineering to behavioral science, why we can’t rely on rules to drive good decisions, and the critical importance of psychological safety in building strong cultures.

All three seasons of Bank Notes are available at nyfed.org/podcast, as well as wherever

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Podcast S3E2: "Exploring the Predictive Power of Guilt" with Taya Cohen

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 2: "Exploring the Predictive Power of Guilt" is available to listen to here in full.

Taya Cohen is an associate professor of organizational behavior and theory at Carnegie Mellon’s Tepper School of Business. She studies moral character in the workplace, including the predictive power of guilt proneness in individuals. In this episode of "Banking Culture Reform: Norms, Mindsets, and Decision-Making," Taya discusses why highly guilt prone individuals may have a moral advantage and shares her perspective on individuals’ proclivities toward ethical behavior and honesty, as well as how to hire for these traits.

All three seasons of Bank

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Podcast S3E1: "Recognizing the Importance of Culture" (Introduction w/ President John C. Williams)

The third season of the New York Fed’s Bank Notes podcast focuses on "Banking Culture Reform: Norms, Mindsets, and Decision-Making."

Season 3, Episode 1: "Recognizing the Importance of Culture" is available to listen to here in full.

John C. Williams is the President and CEO of the Federal Reserve Bank of New York. In this brief introductory episode, John touches on the perspectives that listeners can expect to hear in this season of Bank Notes, "Banking Culture Reform: Norms, Mindsets, and Decision-Making," as well as the importance of culture in shaping decisions at the individual and institution-wide levels.

All three seasons of Bank Notes are available at nyfed.org/podcast, as well as wherever listeners get their podcasts.

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Creating Inquiry Based Economics Projects (Full Event, 7/07/21)

Economics is all about big ideas and big questions. But how do students generate those questions? And how can students answer them?

On July 7, 2021, educators learned how to generate compelling economics questions, how to use data in the classroom, and best practices in the inquiry learning process.

Available to watch here in its entirety, this event was part of the New York Fed’s Teacher Professional Development Program, which allows educators throughout the Second District to register for free professional development programs focused on increasing economic literacy for high school and college students. These programs offer Continuing Education credits and are held in several locations throughout the year, as well as online.

For more information, visit nyfed.org/teacher-development

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The Fourth Trimester and Beyond: The Case for Broad Investments in Maternal and Child Health

On September 15, 2021 the New York Fed hosted a virtual discussion on maternal health, in collaboration with NYU Rory Meyers College of Nursing, the New York City Department of Health and Mental Hygiene, Low Income Investment Fund, and the Robert Wood Johnson Foundation.

This multidisciplinary event discussed the case for broad investments in maternal and child health, focusing on financing opportunities and creating new business models to achieve equitable health outcomes for mothers and children.

For more information, visit nyfed.org/sep15event.

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Culture Diagnosis and Behavior Change (Full Event, 9/27/21)

Understanding and influencing organizational culture is essential to reforming the financial sector as well as having wide-ranging consequences on society.

On September 27, 2021, the New York Fed hosted a virtual event on the topic, which is available to watch here in full.

The event was part of the New York Fed’s initiative to spur reform of culture and conduct in the financial services industry and encourage the industry to raise standards. A multi-disciplinary panel of practitioners discussed techniques for collecting useful data, developing evidence-based assessments, and designing interventions to maximize impact.

To learn more about our work on this topic, visit nyfed.org/governance-and-culture.

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Register Now: The Case for Broad Investments in Maternal Health (9/15/21)

The Federal Reserve Bank of New York, in collaboration with NYU Rory Meyers College of Nursing, and in partnership with Robert Wood Johnson Foundation, Low Income Investment Fund, and New York City Department of Health and Mental Hygiene, is hosting a virtual event on September 15, 2021 focused on the case for broad investments in maternal and child health, financing opportunities and creating new business models to achieve equitable health outcomes for mothers and children.

Attendees may register at nyfed.org/sep15event.

Panels will focus on post-partum health, policy insights, and financing opportunities. Speakers will include Naureen Hassan, the New York Fed’s First Vice President; Eileen Sullivan-Marx, Dean, NYU Rory Meyers College of Nursing; Dr. Antonia Villarruel, Dean of the

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Culture in a Post-Pandemic Workplace (Full Event, 7/16/21)

Cultural challenges and opportunities associated with the post-pandemic workplace are central to reforming financial sector culture as well as having wide-ranging consequences on society.

On July 16, 2021, the New York Fed hosted a virtual event on the topic, which is available to watch here in full.

The event was part of the New York Fed’s initiative to spur reform of culture and conduct in the financial services industry and encourage the industry to raise standards. Panelists explored topics including how norms are transmitted in various work environments, and the potential impacts of hybrid workplaces on cultural elements like collaboration and inclusion.

To learn more about our work on this topic, visit nyfed.org/governance-and-culture.

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The High School Fed Challenge Addresses Economic Inequality

Since 1995, the High School Fed Challenge has been encouraging students to learn about the inner workings of the economy, and how policy decisions can affect everyone’s lives.

From teamwork, to in-depth research, to data literacy, to problem solving, and analytical writing, this academic competition from the New York Fed has offered students the chance to learn the economic way of thinking, and develop the skills needed to pursue economics as a career.

For this year’s challenge, students throughout the second district were invited to submit papers on the theme of Economic Inequality. From 66 submissions, teams from 12 schools were selected for publication in the inaugural issue of the Journal of Future Economists.

Their papers address a range of topics, from the socioeconomic effects

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Register Now: Finance & Equity: Insights from PPP (7/22/21)

The Federal Reserve Bank of New York, in collaboration with AARP and Reimagine Main Street, is hosting a virtual event on July 22, 2021 focused on how technology can improve small-business credit access for businesses owned by people of color.

Attendees may register at nyfed.org/jul22event.

The event builds on a recent analysis by the Federal Reserve Bank of New York, which found that, although technology-enabled lenders represented a relatively small share of all PPP loans, these lenders played a critical role in serving business owners of color and businesses that needed relatively small loans.

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Impact Investing: How it works and Why it matters

In the midst of an unprecedented moment, there’s an opportunity to reexamine traditional models of investment in order to address social and environmental issues. Watch this video for insights featuring Darren Walker (President, The Ford Foundation), Lisa Hall (Chair of Impact, Apollo Capital Management), and Otho E. Kerr III (Director of Community Impact Investing, New York Fed).

For more information, and to read the "Impact in Place" report and case studies, visit nyfed.org/community-development.

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Climate Voices from the Frontline: How Communities are Mobilizing

The Federal Reserve Bank of New York hosted a virtual discussion about how communities facing climate-related risks are mitigating future risk and addressing issues of investment, equity, and green technology. Community development advocates and practitioners on the front lines of climate change shared promising strategies for climate resiliency and adaptation, how to engage with local stakeholders and community members, and critical next steps.
To learn more about our work on this topic, visit nyfed.org/community-development.

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