Sherman Maisel
Sherman Joseph Maisel (July 8, 1918 – September 29, 2010) was an American economist who served as a member of the Federal Reserve Board of Governors from 1965 to 1972. Research on mortgage policy conducted by Maisel led to the expansion of the roles played by Fannie Mae and Government National Mortgage Association, Ginnie Mae in encouraging the broader availability of loans to homeowners. Maisel was born on July 8, 1918, in Buffalo, New York. After completing his undergraduate degree in economics from Harvard University in 1939, Maisel worked as a research economist working for the Federal Reserve Board in Washington, D.C. He served in the United States Army during World War II beginning in 1941, attaining the rank of Captain by the time he completed his military service in 1945. After a brief career for the United States Foreign Service, Foreign Service in Brussels, Maisel returned to Harvard, where he earned Master of Public Administration and a Master of Arts in economics ...
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Federal Reserve Board Of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the Chair and Vice Chair of the Board are two of seven members of the Board of Governors who are appointed by the President from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the preside ...
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