James P. Bergin

As Acting Co-General Counsel of the New York Fed, Jim served as part of the executive management team and oversaw the activities of the Legal Group, including the legal, compliance, and bank applications functions. He advised senior management on a wide range of matters, including regulation and supervision of financial institutions; monetary policy and implementation; financial services and accounts matters; and corporate governance and risk management.

In his role as Deputy General Counsel, Jim was responsible for both markets and regulatory matters. He led the legal team that advised on matters relating to the New York Fed’s implementation of monetary policy, lending, foreign exchange, U.S. Treasury, reference rate, and other market-facing activity. Jim was also responsible for the team that advised supervisors and others on matters relating to the New York Fed’s regulation and oversight of financial institutions, and oversaw the New York Fed’s bank applications function. At other points in his career, he served as long-time Chief of Staff to New York Fed President William C. Dudley, and managed the New York Fed’s compliance risk supervision department. Jim was deeply involved in the New York Fed’s response to the Financial Crisis of 2008 and the COVID-19 crisis of 2020.