New York Fed Is Losing Talent and ‘Street Cred’ Under John Williams https://www.bloomberg.com/news/articles/2024-06-09/new-york-fed-is-losing-st... John Williams took the helm of the Federal Reserve Bank of New York in 2018 as a highly respected macroeconomist and experienced manager who had run the San Francisco Fed district for seven years. Today he oversees an institution that many veteran market participants worry has suffered a brain drain and seen its influence wane on Wall Street.