Alan Greenspan is an American economist who served as the 13th chairman of the Federal Reserve from 1987 to 2006. He worked as a private adviser and provided consulting for firms through his company,Greenspan Associates LLC.
In the United States government,independent agencies are agencies that exist outside the federal executive departments and the Executive Office of the President. In a narrower sense,the term refers only to those independent agencies that,while considered part of the executive branch,have regulatory or rulemaking authority and are insulated from presidential control,usually because the president's power to dismiss the agency head or a member is limited.
Paul Adolph Volcker Jr. was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman,Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s,with measures known as the Volcker shock. He previously served as the president of the Federal Reserve Bank of New York from 1975 to 1979.
The Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974 that regulates the U.S. derivatives markets,which includes futures,swaps,and certain kinds of options.
Janet Louise Yellen is an American economist serving as the 78th United States secretary of the treasury since January 26,2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first person to hold those positions having also led the White House Council of Economic Advisers and the first woman to hold either post.
George William Miller was an American businessman and investment banker who served as the 65th United States secretary of the treasury from 1979 to 1981. A member of the Democratic Party,he also served as the 11th chairman of the Federal Reserve from 1978 to 1979. Miller was the first person to hold both of those posts.
Cathy E. Minehan was President and Chief Executive Officer of the Federal Reserve Bank of Boston from 1994 until her retirement in July 2007. Minehan also served as a member of the Federal Open Market Committee,the body responsible for U.S. monetary policy. She was "appointed Dean of the School of Management of Simmons College,a private university,in August 2011 and is Managing Director of Arlington Advisory Partners,a private advisory services firm."
Susan Carol Schwab is an American politician,who served under President George W. Bush as United States Trade Representative from June 2006 to January 2009. She is not related to Charles R. Schwab Sr.,founder of the Charles Schwab Corporation;she is also not to be confused with his first wife Susan (Cotter) Schwab.
Susan Rasinski McCaw is an American businesswoman,former diplomat and philanthropist. She was a major fundraiser for the George W. Bush 2004 presidential campaign,and was appointed by the Bush administration as U.S. Ambassador to the Republic of Austria (2005–2007). She is currently President of SRM Capital Investments,a private investment firm. Previously,she worked at Robertson Stephens &Co.,as President of COM Investments and as its Principal.
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.
The President's Working Group on Financial Markets,known colloquially as the Plunge Protection Team,or "(PPT)" was created by Executive Order 12631,signed on March 18,1988,by United States President Ronald Reagan.
Lael Brainard is an American economist serving as the 14th director of the National Economic Council since February 21,2023. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023. Prior to her term as vice chair,Brainard served as a member of the Federal Reserve Board of Governors,taking office in 2014. Before her appointment to the Federal Reserve,she served as the under secretary of the treasury for international affairs from 2010 to 2013.
Betsy Duke is an American bank executive who served as a member of the Federal Reserve Board of Governors from 2008 to 2013. Duke was confirmed by the Senate 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 George Washington University School of Business is the professional business school of George Washington University in Washington,D.C. The GW School of Business is ranked as one of the top business schools in the United States,with globally ranked undergraduate and graduate programs. GW's campus is also adjacent to some of the world's leading financial institutions,including the Federal Reserve,World Bank,and International Monetary Fund.
Alicia Haydock Munnell is an American economist who is the Peter F. Drucker Professor of Management Sciences at Boston College's Carroll School of Management. Educated at Wellesley College,Boston University,and Harvard University,Munnell spent 20 years as an economist at the Federal Reserve Bank of Boston,where she researched wealth,savings,and retirement among American workers. She served in the Bill Clinton administration as Assistant Secretary of the Treasury for Economic Policy and as a member of the Council of Economic Advisers. Since 1997 she has been a professor at Boston College and director of its Center for Retirement Research,where she writes on retirement income policy.
David Wiley Mullins Jr. was an American economist who served as the 14th vice chairman of the Federal Reserve from 1991 to 1994. Prior to his term as vice chairman,Mullins served as a member of the Federal Reserve Board of Governors,taking office in 1990. Before his appointment to the Federal Reserve,he served as the under secretary of the treasury for domestic finance under President George H. W. Bush. Mullins left the government service to join the hedge fund Long Term Capital Management and remained in private finance following its collapse in 1998.
George Wilder Mitchell was an American economist who served as the 9th vice chairman of the Federal Reserve from 1973 to 1976. Prior to his term as vice chairman,Mitchell served as a member of the Federal Reserve Board of Governors,taking office in 1961. He was a long-time staffer at the Federal Reserve Bank of Chicago before his appointment to the Board. Mitchell was an early promoter of electronic banking.
Janice Caryl "Jan" Eberly is an American economist. Since 2002 she has been the James R. and Helen D. Russell Distinguished Professor of Finance at the Kellogg School of Management of Northwestern University. She served from 2011 to 2013 as Assistant Secretary of the Treasury for Economic Policy and chief economist of the United States Department of the Treasury. She was named a Fellow of the American Academy of Arts and Sciences in 2013. Her research focuses on the intersection of macroeconomics and finance.
Philip Nathan Jefferson is an American economist who serves as vice chair of the Federal Reserve. He has been a member of the Federal Reserve Board of Governors since 2022. He was nominated for the position by President Joe Biden in January 2022,and was confirmed by the Senate in May 2022. Upon taking office,he became the fourth Black man to serve on the board.
