Cathy E. Minehan ( born February 15 , 1947 , in Jersey City , New Jersey ) was President and Chief Executive Officer of the Federal Reserve Bank of Boston from 1994 until her retirement in July 2007 . Minehan also served as a member of the Federal Open Market Committee , the body responsible for U.S. monetary policy . She was " appointed Dean of the School of Management of Simmons College , a private university , in August 2011 and is Managing Director of Arlington Advisory Partners , a private advisory services firm . " At the national level over her years of service , she has chaired the Financial Services Policy Committee , a body that oversees the provision of Reserve Bank payment services , and has played key roles in the System 's planning for or response to the year 2000 problem , interstate banking legislation , and the September 11 attacks . She also led efforts related to clarifying the governance of shared national activities among Reserve Banks
September 11 attacks
September 11 attacks
Cathy Minehan