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Susan Bies
Susan Schmidt Bies (born May 5, 1947) is an American economist and corporate executive who served as a member of the Federal Reserve Board of Governors from 2001 to 2007. Bies was born in Buffalo, New York, and received a B.S. in education from Buffalo State College in 1967 and an M.A. (1968) and a Ph.D. (1972), both in economics, from Northwestern University. Federal Reserve Bies took office on December 7, 2001, as a full term member of the board of governors of the Federal Reserve System, term to end January 31, 2012. She submitted her resignation from the board on February 9, 2007, and left the Fed effective March 30, 2007. A Federal Reserve Press Notice stated she planned to spend more time with her family. Prior professional career Before becoming a member of the board, Bies was executive vice president for risk management and auditor at First Tennessee National Corporation (now listed as First Horizon National Corporation) in Memphis, Tennessee (1995–2001). From 1979 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Bank Of Chicago
The Federal Reserve Bank of Chicago (informally the Chicago Fed) is one of twelve regional Reserve Banks that, along with the Federal Reserve Board of Governors, make up the United States' central bank. The Chicago Reserve Bank serves the Seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District. Responsibilities As one of the Reserve Banks that make up the Federal Reserve System, the Chicago Fed is responsible for: * Helping to formulate national monetary policy. The Chicago Fed's CEO, Charles L. Evans, helps formulate monetary policy by taking part and voting in meetings of the Federal Open Market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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