Richard W. Fisher
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Richard W. Fisher
Richard W. Fisher (born 1949) 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. Biography Early life A first-generation American, Fisher was born in Los Angeles, but grew up in Mexico. His father was Australian, while his mother was South African, of Norwegian descent. Following graduation from Admiral Farragut Academy, he attended the United States Naval Academy in Annapolis, Maryland from 1967 to 1969, before transferring to Harvard University, where he earned a bachelor's degree in economics in 1971. From 1972 to 1973, he studied Latin American studies at Oxford University. Completing his education in 1975, he earned an M.B.A. from the Graduate School of Business at Stanford University. Career Moving ...
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Federal Reserve Bank Of Dallas
The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico, a district sometimes referred to as the Oil Patch. The Federal Reserve Bank of Dallas is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank. The Dallas Fed is the only one where all external branches reside in the same state (although the region itself includes northern Louisiana as well as southern New Mexico). The Dallas Fed has branch offices in El Paso, Houston, and San Antonio. The Dallas bank is located at 2200 Pearl St. in the Uptown neighborhood of Oak Lawn, just north of downtown Dallas and the Dallas Arts District. Prior to 1992, the bank was located at 400 S. Akard Street, in the Government District in Downtown Dallas. The older Dallas Fed building, which opened in 1921, was built in the Beaux-arts style, with large limestone structure with massi ...
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Latin American Studies
Latin American studies (LAS) is an academic and research field associated with the study of Latin America. The interdisciplinary study is a subfield of area studies, and can be composed of numerous disciplines such as economics, sociology, history, international relations, political science, geography, gender studies, and literature. Definition Latin American studies critically examines the history, culture, international relations, and politics, of Latin America. It is not to be confused with Latino Studies, an academic discipline which studies the experience of people of Latin American ancestry in the United States. Latin Americanists consider a variety of perspectives and employ diverse research tools in their work. The interdisciplinary disciplines of study varies, depending on the school, association, and academic program. For example, the Latin American Centre of the School of Interdisciplinary Area Studies (SIAS) at the University of Oxford heavily focuses on the social sc ...
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Bob Krueger
Robert Charles Krueger (September 19, 1935 – April 30, 2022) was an American diplomat, politician, and U.S. Representative and U.S. Senator from Texas, a U.S. Ambassador, and a member of the Democratic Party. , he was the last Democrat to serve as a United States Senator from Texas. Early life and education Krueger was born in New Braunfels, Texas, the son of Faye (Leifeste) and Arlon E. Krueger. Krueger earned a B.A. from Southern Methodist University in 1957 and an M.A. from Duke University in 1958. He went to Merton College, Oxford, earning a D.Phil. in English literature with a thesis entitled ''The poems of William Herbert, Third Earl of Pembroke''. He taught English literature as a professor and was later vice provost and Dean of the Trinity College of Arts and Sciences at Duke University. His edition of the poems of Sir John Davies was published by the Clarendon Press, Oxford, in 1975. Krueger held business positions as chairman of the board of Comal Hosiery Mills a ...
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Kay Bailey Hutchison
Kay Bailey Hutchison (born Kathryn Ann Bailey; July 22, 1943) is an American attorney, television correspondent, politician, diplomat, and was the 22nd United States Permanent Representative to NATO from 2017 until 2021. A member of the Republican Party, she was a United States Senator from Texas from 1993 to 2013. Born in Galveston, Texas, Hutchison is a graduate of the University of Texas at Austin. Prior to entering politics, she was an attorney and legal correspondent at KPRC-TV in Houston. She was a member of the Texas House of Representatives from 1972 to 1976. After a brief business career, she returned to politics in 1990, when she was elected Texas State Treasurer. In 1993, she was elected to the United States Senate in a non-partisan special election, defeating Democratic incumbent Bob Krueger and becoming the first female senator in Texas history. After being re-elected to the Senate in 1994, 2000, and 2006, Hutchison was an unsuccessful candidate for Governor of ...
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Lloyd Bentsen
Lloyd Millard Bentsen Jr. (February 11, 1921 – May 23, 2006) was an American politician who was a four-term United States Senator (1971–1993) from Texas and the Democratic Party nominee for vice president in 1988 on the Michael Dukakis ticket. He also served as the 69th United States Secretary of the Treasury under President Bill Clinton. Born in Mission, Texas, Bentsen graduated from the University of Texas School of Law before serving in the Air Force during World War II. He was awarded the Distinguished Flying Cross for his service in Europe. After the war, he won election to the United States House of Representatives, serving from 1948 to 1955. He defeated incumbent Senator Ralph Yarborough in the 1970 Democratic Senatorial primary and won the general election against George H. W. Bush. He was reelected in 1976, 1982, and 1988, and served as the Chairman of the Senate Finance Committee from 1987 to 1993. In the Senate, he helped win passage of the Employee Retireme ...
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1993 United States Senate Special Election In Texas
The 1993 United States Senate special election in Texas was held on June 6, 1993, to replace Democratic U.S. Senator Lloyd Bentsen, who had resigned to become Secretary of the Treasury. Governor Ann Richards appointed Democrat Bob Krueger, a Texas Railroad Commissioner, to fill the seat. Krueger ran in the special election, but was defeated in a landslide by Republican Kay Bailey Hutchison. Hutchison was the first Republican to win this seat since Reconstruction. In 2010, Krueger's campaign was named by the ''Houston Chronicle'' as the worst in Texas' modern political history. Background The nonpartisan blanket primary was held on May 1, 1993. Since no candidate received a majority in the primary, a runoff was held on June 6, 1993. Candidates Democratic * Bob Krueger, Incumbent U.S. Senator and former U.S. Congressman * Richard W. Fisher, businessman * José Angel Gutierrez * Gene Kelly * C. "Sonny" Payne Republican * Kay Bailey Hutchison, Texas State Treasurer and former Sta ...
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United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The depart ...
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United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is a statutory member of the Cabinet of the United States, and is fifth in the United States presidential line of succession, presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the United States Senate Committee on Finance, Senate Committee on Finance, is confirmed by the United States Senate. The United States Secretary of State, secretary of state, the secretary of the treasury, the United States Secretary of Defense, secretary of defense, and the United States Att ...
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Foreign Exchange Market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: USD 1 is worth X CAD, or CHF, or JPY, etc. The foreign exchange market works thro ...
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Fixed Income
Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the principal amount on maturity. Fixed-income securities — more commonly known as bonds — can be contrasted with equity securities – often referred to as stocks and shares – that create no obligation to pay dividends or any other form of income. Bonds carry a level of legal protections for investors that equity securities do not — in the event of a bankruptcy, bond holders would be repaid after liquidation of assets, whereas shareholders with stock often receive nothing. For a company to grow its business, it often must raise money – for example, to finance an acquisition; buy equipment or land, or invest in new product development. The terms on which investors will finance the company will depend on the risk profile of the company ...
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Robert Roosa
Robert Vincent Roosa (June 21, 1918 – December 23, 1993) was an American economist and banker. He served as Treasury Undersecretary for Monetary Affairs during the Kennedy administration. He believed the U.S. dollar should be the world's leading currency and reference point because the United States was the leading political and economic power. Early years Born in Marquette, Michigan, he studied at the University of Michigan, receiving his A.B. in 1939.Richard D. Lyons"Robert V. Roosa Is Dead at 75; Served as U.S. Treasury Official"''The New York Times'' (December 25, 1993). Retrieved May 21, 2011 He received a Rhodes Scholarship but due to the outbreak of war in Europe did not attend Oxford."Ornaments on the Tree"
''Time'' (January 6, 1961). Retrieved May 20, 2 ...
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Brown Brothers Harriman & Co
Brown is a color. It can be considered a composite color, but it is mainly a darker shade of orange. In the CMYK color model used in printing or painting, brown is usually made by combining the colors orange and black. In the RGB color model used to project colors onto television screens and computer monitors, brown combines red and green. The color brown is seen widely in nature, wood, soil, human hair color, eye color and skin pigmentation. Brown is the color of dark wood or rich soil. According to public opinion surveys in Europe and the United States, brown is the least favorite color of the public; it is often associated with plainness, the rustic, feces, and poverty. More positive associations include baking, warmth, wildlife, and the autumn. Etymology The term is from Old English , in origin for any dusky or dark shade of color. The first recorded use of ''brown'' as a color name in English was in 1000. The Common Germanic adjectives ''*brûnoz and *brûnâ'' meant both ...
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