J. Roger Guffey (September 11, 1929 – April 15, 2009) was president of the
Federal Reserve Bank of Kansas City
The Federal Reserve Bank of Kansas City is located in Kansas City, Missouri and covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexic ...
from 1976 to 1991.
Early life
Guffey was born in
Kingston, Missouri
Kingston is a city in Caldwell County, Missouri, and is part of the Kansas City metropolitan area with the United States. The population was 290 at the 2020 census. It is the county seat of Caldwell County.
History
Kingston was laid out in 1843, ...
. His father was a farmer and rural mail carrier while his mother was a housewife.
He received a degree in business administration from the
University of Missouri
The University of Missouri (Mizzou, MU, or Missouri) is a public university, public Land-grant university, land-grant research university in Columbia, Missouri. It is Missouri's largest university and the flagship of the four-campus Universit ...
in 1952,
worked in the intelligence services in Germany, and then graduated from the
University of Missouri School of Law
The University of Missouri School of Law (Mizzou Law or MU Law) is the law school of the University of Missouri. It is located on the university's main campus in Columbia, forty minutes from the Missouri State Capitol in Jefferson City. The sc ...
in 1958.
Career
He was a partner at the Kansas City firm Fallon, Guffey and Jenkins.
He was named the general counsel for the Kansas City Federal Reserve in 1968
after being recruited to do so by then Kansas City Federal Reserve Bank President
George H. Clay
George H. Clay (February 14, 1911 – October 11, 1995) was president of the Federal Reserve Bank of Kansas City from 1961 to 1976.
Life and career
Clay was born in Kansas City, Kansas, attended Kansas City Junior College, William Jewell Colleg ...
.
In 1973, he became senior vice president of the Administrative Services Division
and became president of the bank on March 1, 1976.
[ Guffey was a member of the Federal Open Market Committee in October 1979.
Among Guffey's contributions was starting the Bank's Jackson Hole, Wyoming, Symposium which began as an agricultural symposium in 1978 but had become broader when it moved to Jackson Hole in 1982.
]
Retirement
Guffey retired in September 1991.1 Memorial Drive
1 Memorial Drive is the headquarters complex of the Federal Reserve Bank of Kansas City.
The 618,000 square foot complex consisting of a 14-story tower and two-story base containing its cash processing and operations facilities was designed by Pei ...
building is named for him.[
]
Publications
Guffey wrote several articles for the Economic Review:
* ''Regulation Tomorrow: Toward a New Framework for Competition''
* ''The Federal Reserve's Role in Promoting Economic Growth''
* ''After Deregulation: The Regulatory Role of the Federal Reserve''
* ''Quick-fix Economies: A look at the Issues''
* ''Conduct of U.S. Monetary Policy: Recent Problems and Issues''
References
1929 births
2009 deaths
Businesspeople from Missouri
Federal Reserve Bank of Kansas City presidents
People from Caldwell County, Missouri
University of Missouri School of Law alumni
20th-century American businesspeople
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