People in the News

Federal Reserve Financial Services and the Federal Reserve Bank of San Francisco have appointed Steve Son as Senior Vice President and Head of FedCash Services Business Solutions and Support, a position previously held by Kathleen Young before she was promoted to Chief of FedCash Services.

Steve has been with the Federal Reserve System for more than 20 years, latterly as the FedCash Group Vice President where he is responsible for guidance to the Federal Reserve Cash Services business and for providing direction for Federal Reserve currency and coin inventory management, engaging key supply chain participants, and supporting business continuity planning.

In addition to his current responsibilities, in this new role, Steve will also lead FedCash Office and Program Support, as well as Planning and Performance Management.