The Federal Reserve Bank of Chicago is led by Austan Goolsbee, who serves as the President and Chief Executive Officer. Appointed to the role to guide the bank's operational, research, and regulatory missions, he also participates as a voting member of the Federal Open Market Committee, contributing directly to national monetary policy deliberations. Before taking the helm at the Chicago Fed, he built an extensive academic career as an economics professor at the University of Chicago Booth School of Business and served as Chairman of the Council of Economic Advisers.