 | This article needs additional citations for verification .(January 2009) |
The Federal advisory council or (FAC) is a body composed of representatives chosen by each of the twelve Federal Reserve Banks that "consults with and advises the Board on all matters within the Board's jurisdiction." [1] [2]
Paul Adolph Volcker Jr. was an American economist. He served two terms as the 12th Chair of the Federal Reserve from 1979 to 1987. He was nominated to the position by President Jimmy Carter and renominated by President Ronald Reagan. He was widely credited with having ended the high levels of inflation seen in the United States during the 1970s and early 1980s. After his retirement from the Fed, he chaired the Economic Recovery Advisory Board under President Barack Obama from February 2009 until January 2011.
George William Miller was an American businessman and investment banker who served as the 65th United States secretary of the treasury under President Jimmy Carter from 1979 to 1981. A member of the Democratic Party, he also served as the 11th chair of the Federal Reserve from 1978 to 1979. Miller was the first person to hold both of those posts.
Martin Stuart Feldstein was an American economist. He was the George F. Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research (NBER). He served as president and chief executive officer of the NBER from 1978 to 2008. From 1982 to 1984, Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan. Feldstein was also a member of the Washington-based financial advisory body the Group of Thirty from 2003.
The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main Federal Reserve Banks. Located in downtown St. Louis, the St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri and West Tennessee. It has branches in Little Rock, Louisville and Memphis. Its building, at 411 Locust Street, was designed by St. Louis firm Mauran, Russell & Crowell in 1924. The Eighth District serves as a center for local, national and global economic research, and provides the following services: supervisory and regulatory services to state-member banks and bank holding companies; cash and coin-handling for the District and beyond; economic education; and community development resources.
Axel Alfred Weber is a German economist, professor, and banker. He is currently a board member and chairman of Swiss investment bank and financial services company, UBS Group AG, and has announced his resignation effective 7 April 2022.
Randall S. Kroszner is a former member of the Board of Governors of the Federal Reserve System of the United States. He was chairman of its Committee on Supervision and Regulation of Banking Institutions during the global financial crisis. He took office on March 1, 2006 to fill an unexpired term, and stepped down on January 21, 2009. Kroszner has been professor of economics at the University of Chicago since the 1990s, with various leaves, and named Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business in 2009, and serves as a senior advisor for Patomak Partners.
Jeffrey M. Lacker is an American economist and was president of the Federal Reserve Bank of Richmond until April 4, 2017. He is now a Distinguished Professor in the Department of Economics at the Virginia Commonwealth University School of Business in Richmond, Virginia.
Richard W. Fisher is the former President and CEO of the Federal Reserve Bank of Dallas, having served in that post from April 2005 to 2015. He is a Senior Advisor to Barclays Plc, a British bank holding company, a Director of PepsiCo, and a Senior Contributing Editor for CNBC. From 2011 to 2017, he served on the Harvard Board of Overseers.
Henry Christopher Wallich was a German American economist and central banker. He was a professor of economics at Yale University and a member of the Council of Economic Advisors during the Dwight D. Eisenhower administration. He was best known as an economic columnist for Newsweek magazine, from 1965 until he joined The Federal Reserve. For a period he wrote one week in three, with Milton Friedman and Paul Samuelson, with their 1967 columns earning the magazine a Gerald Loeb Special Award in 1968.
William Poole was the eleventh chief executive of the Federal Reserve Bank of St. Louis. He took office on March 23, 1998 and began serving his full term on March 1, 2001. In 2007, he served as a voting member of the Federal Open Market Committee, bringing his District's perspective to policy discussions in Washington. Poole stepped down from the Fed on March 31, 2008.
James Harold Stock is an American economist, professor of economics, and vice provost for climate and sustainability at Harvard University. He is co-author of Introduction to Econometrics, a leading undergraduate textbook, and co-editor of the Brookings Papers on Economic Activity. Stock served as a Chair of the Harvard Economics Department from 2007 to 2009 and as a member of President Obama's Council of Economic Advisers from 2013 to 2014.
James Brian Bullard is the chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, positions he has held since 2008. He is currently serving a term that began on March 1, 2021. In 2014, he was named the 7th most influential economist in the world in terms of media influence.
Elizabeth "Betsy" Ashburn Duke is an American bank executive, most notable for being a member of the Board of Governors of the Federal Reserve System of the United States from 2008 through 2013. She was confirmed by the Senate June 27, 2008 to fill an unexpired term ending January 31, 2012. She was the seventh woman to be appointed to the board. In July 2013 she announced her resignation from the board.
The President's Council on Jobs and Competitiveness, originally the President's Economic Recovery Advisory Board (PERAB), was an ad hoc panel of non-governmental experts from business, labor, academia and elsewhere that President of the United States Barack Obama created on February 6, 2009. The board reported to Obama and his economic team on possible ways to improve the nation's economy. Obama announced this new board on November 26, 2008, and also announced that it would be chaired by former Federal Reserve Chairman Paul Volcker with campaign economic adviser Austan Goolsbee as staff director and chief economist.
Richard Harold Fink is an American businessman and academic. He is the former executive vice president of Koch Industries, the second largest privately held company in the U.S.
Jerry L. Jordan is a former member of President Ronald Reagan's Council of Economic Advisers and former president and chief executive officer of the Federal Reserve Bank of Cleveland.
Karen Dynan is an American economist who is Professor of the Practice of Economics at Harvard University and a Non-resident Senior Fellow at the Peterson Institute for International Economics. She previously served as the Assistant Secretary of the Treasury for Economic Policy and Chief Economist of the United States Department of the Treasury, having been nominated to that position by President Barack Obama in August 2013 and confirmed by the U.S. Senate in June 2014. From 2009 to 2013, Dr. Dynan was the Vice President and Co-director of the Economic Studies program at the Brookings Institution. Prior to joining Brookings, she served on the staff of the Federal Reserve Board for 17 years. Dr. Dynan is an expert on macroeconomic policy, consumer behavior, household finance, and housing policy.
Loretta J. Mester is president and CEO of the Federal Reserve Bank of Cleveland.
Andreas Franz "Andi" Scheuer is a German politician of the Christian Social Union (CSU) party. From 15 December 2013 to 13 March 2018, he was Secretary General of the CSU. From 2009 to 2013, he was Parliamentary Secretary of State in the former Federal Ministry for Transport, Building and Urban Development in the Cabinet Merkel II. He has been a member of the German Bundestag since 2002. In 2016, he was also elected district chairman of CSU Lower Bavaria.
Raphael W. Bostic is an American economist, academic, and public servant who is the 15th President and CEO of the Federal Reserve Bank of Atlanta. During his academic career, Bostic served as chair of the Department of Governance, Management, and the Policy Process at the Price School of Public Policy at the University of Southern California.
{{cite book}}: CS1 maint: location (link)  | This article about an economics organization is a stub. You can help Wikipedia by expanding it. |
