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The Federal Reserve System

Central bank of the United States

REIN Data Intern

Summer 2027Updated Deadline 11/21/26
No salary listed
Internship
Bachelor's
Atlanta, GA, USA
In PersonAt least 15 hours per week onsite.
Data & AnalyticsData Management
No H1B Sponsorship

About the job

Requirements
  • Students must be currently enrolled in an accredited college or university Bachelor's degree program throughout the internship.
  • A cumulative GPA above 2.75 in an academically rigorous curriculum is required.
  • The intern must be available to work 15–20 hours per week for 10–12 weeks, with the possibility of extension into the spring semester.
  • At least 15 hours per week must be worked onsite.
  • Applicants must be currently authorized to work in the United States without requiring visa sponsorship now or in the future.
  • Proficiency in Microsoft Office Suite is required.
  • Applicants must submit a resume and a copy of their most recent unofficial transcript.
  • Employment is contingent on satisfactory results from required background screening, including fingerprinting, criminal background check, education and employment verification, and potentially additional screening.
Responsibilities
  • Monitor, research, and manage data in the Customer Relationship Management database.
  • Research prospective businesses.
  • Assist with administrative processes and required documentation updates.
  • Provide assistance with branch event coordination and support.
Desired Qualifications
  • Preferred majors are Business Administration, Economics, Finance, or Math.
  • Strong technical skills are preferred.
  • Ability to work independently and take ownership of projects is preferred.
  • Ability to work across time zones to complete projects in a timely manner is preferred.

About the company

T

The Federal Reserve System

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The Federal Reserve System is the central bank of the United States that conducts national monetary policy, supervises and regulates banks and bank holding companies, and provides financial services for banks and the U.S. government. It uses tools like setting interest rates, market operations, bank supervision, and payments services to influence credit, prices, and financial stability, operating through 12 regional banks and a Board in Washington. It is different from private banks because it is a public-mission institution with a nationwide mandate and a regional structure that blends national policy with local insight, not focused on profits. Its goal is to promote a strong economy and a stable financial system for the United States.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

null

Founded

1913

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Simplify Jobs

Simplify's Take

What believers are saying

  • Philip Jefferson said September 22, 2026 modernization makes Treasury-market liquidity more resilient.
  • The September 8, 2026 Borrower-in-Custody updates simplify collateral posting and enrollment.
  • Waller’s agentic-commerce framework positions the Fed as rulemaker for AI payments.

What critics are saying

  • The September 29, 2026 watchdog report exposed $1.1 billion in renovation overruns.
  • Warsh’s audit and GSA takeover signal Congress will keep attacking Fed governance through 2027.
  • Trump’s attacks on Powell threaten independence and invite leadership turnover before January 2028.

What makes The Federal Reserve System unique

  • The Fed controls U.S. monetary policy, bank supervision, and dollar liquidity nationwide.
  • Discount Window Direct now handles over 60% of discount-window requests, modernizing backstop access.
  • Governor Waller’s September 29, 2026 AI speech shows policy reach into payments innovation.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Pet Insurance
  • Wellness Program

Company News

Yahoo Finance
Oct 28th, 2026
Stocks edge higher as Fed holds rates in 10-2 split vote; Microsoft, Alphabet earnings loom

US stocks edged higher on Wednesday after the Federal Reserve held interest rates steady in a 10-2 vote. The Dow Jones Industrial Average rose about 0.1% and the S&P 500 about 0.2%, while the Nasdaq Composite hovered near flat. Cleveland Fed President Beth Hammack and Governor Lisa Cook dissented, favouring a rate hike despite elevated inflation. Investors will watch Chairman Kevin Warsh's press conference for signs of a hawkish bias. Chip stocks have led a tech rebound this week. Broadcom announced a $63 billion financing structure to build AI compute capacity, and SK Hynix reported a year-over-year profit increase. Microsoft and Alphabet report earnings after the bell, with investors focused on AI demand and capex plans. Microsoft recently offered buyouts to up to 60,000 employees.

Yahoo Finance
Oct 28th, 2026
Wall St choppy as megacap losses offset chip gains ahead of Fed decision

US stocks wavered on Wednesday as losses in megacaps such as Tesla and Apple offset chipmaker gains, with investors awaiting the Federal Reserve's interest-rate decision and results from big cloud companies. Micron jumped 4.8% after South Korean rival SK Hynix reported a more than sevenfold rise in quarterly profit. Tesla fell 1.9% and Apple eased 0.6%. Alphabet rose 1.2% on a report that OpenAI plans to buy Google's AI chips. At 10:01 EDT, the Dow Jones Industrial Average rose 0.14% to 52,450.97, and the S&P 500 gained 0.09% to 7,729.20. The Nasdaq Composite lost 0.03% to 26,470.68. Markets expect the Fed to pause, with focus on remarks from Chair Kevin Warsh. Microsoft and Alphabet report after markets close.

Yahoo Finance
Oct 23rd, 2026
S&P 500 and Dow fall as oil hits $103 a barrel, stoking inflation fears before Fed meeting

US stocks fell on Friday as higher oil prices fuelled inflation fears ahead of the Federal Reserve's October meeting next week. The S&P 500 lost 0.5% and the Dow Jones Industrial Average dropped 1.2%, while the Nasdaq 100 ended flat. West Texas Intermediate futures rose 3.8% to $103.27 a barrel. Brent crude gained 3.1% to $116.72, its highest settlement since April, amid reports the US and Israel could be preparing fresh strikes against Iran. Traders see a 91% chance the Fed leaves rates unchanged. In company news, Instacart is exploring a sale and has held early talks with buyers including DoorDash and Uber. American Express plans to cut about 5% of its global workforce, and Apple hit record highs after selling out its limited in-store stock of the new iPhone Duo.

Yahoo Finance
Oct 22nd, 2026
Steve Forbes urges Fed to shrink balance sheet and lift dollar as import prices jump 8%

Steve Forbes, chairman and editor-in-chief of Forbes, says the Federal Reserve should "cut the printing presses and shrink the balance sheet and appreciate the dollar" to fight inflation. He made the case in an October 21 television interview with Larry Kudlow. Forbes cited third-quarter GDP growth of 3.5% alongside import prices up 8%. He argues a weak dollar, not weak policy, is pushing up prices, and that rate hikes cannot fix it. Retailers show the stakes. Target booked a $994 million tariff refund, lifting adjusted earnings per share to $4.11 against a $2.34 consensus. Walmart was eligible for about $2.9 billion in refunds and is putting much of it into price rollbacks. Apple expects foreign exchange to cut revenue growth, a drag a stronger dollar would deepen.

PR Newswire
Oct 21st, 2026
Lenders' Q3 results show borrowers coping as Fed weighs another hike; Capital One earns $3.5B

The Federal Reserve decides on interest rates on October 28, and September minutes show most officials expect another increase by year end. In September, the Fed raised its target range by a quarter percentage point to 3.75% to 4%. US consumer prices rose 3.7% in the 12 months to September, up from 3.4% in August. Household credit card balances reached $1.26 trillion in the second quarter, according to the Federal Reserve Bank of New York. Third-quarter reports from lenders suggest borrowers are coping. Capital One's net charge-off rate fell to 2.73% from 3.23% in the second quarter, and Synchrony's dropped to 4.79% from 5.16% a year earlier. Ally Financial's retail auto delinquencies rose 6 basis points to 4.96%. JPMorgan Chase's card net charge-off rate was 2.91%.