XNA chief Burkes is named to Federal Reserve’s transportation council
by April 13, 2019 8:18 pm 595 views
Aaron Burkes has been named to the Transportation Industry Council of the Federal Reserve Bank of St. Louis. Burkes is the CEO of the Northwest Arkansas Regional Airport Authority (XNA).
The St. Louis Fed created four District Industry Councils in 2006, each designed to provide the Fed with important feedback regarding economic conditions within a key Eighth District industry sector.
The members’ observations, along with the economic data and information developed through the Federal Reserve Board’s Beige Book and meetings of the Reserve Bank’s boards of directors, help ensure that conditions of Main Street America are represented in monetary policy deliberations in Washington, according to the Fed.
Each council is supported by one of four of the Reserve Bank’s offices: St. Louis (real estate); Little Rock, Ark. (agribusiness); Louisville, Ky. (health care); and Memphis, Tenn. (transportation). The councils meet twice a year.
Burkes, former president of the Arkansas Development Finance Authority, was named CEO and executive director for Northwest Arkansas Regional Airport in September 2018. He started the post on Nov. 1.