Susan M. Phillips
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Susan M. Phillips
Susan Meredith Phillips (born January 23, 1944) is an American economist who served as a member of the Federal Reserve Board of Governors from 1991 to 1998. She was the third woman to sit on the Board. After leaving the Fed, Phillips served as dean of the George Washington University School of Business from 1998 to 2010. Early life and education Susan Phillips was born January 23, 1944, in Richmond, Virginia. As part of a military family she spent time in Florida, Georgia, Louisiana and lived abroad in Germany and The United Kingdom. She earned a bachelor's degree in mathematics from Agnes Scott College in 1967. At Louisiana State University she studied to receive a master's degree in finance and insurance in 1971, and a PhD in finance and economics in 1973. Academic career After a brief period as an assistant professor at Louisiana State, Phillips became an assistant professor of business administration at the University of Iowa from 1974 to 1976. After working as an economic ...
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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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Brookings Institution
The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in economics (and tax policy), metropolitan policy, governance, foreign policy, global economy, and economic development. Its stated mission is to "provide innovative and practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security and opportunity of all Americans; and secure a more open, safe, prosperous, and cooperative international system." Brookings has five research programs at its Washington campus: Economic Studies, Foreign Policy, Governance Studies, Global Economy and Development, and Metropolitan Policy. It also established and operated three international centers in Doha, Qatar (Brookings Doha Center); Beijing, China (Brookings-Tsinghua Center for Public P ...
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Federal Reserve System Governors
Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states *Federal republic, a federation which is a republic *Federalism, a political philosophy *Federalist, a political belief or member of a political grouping *Federalization, implementation of federalism Particular governments *Federal government of the United States **United States federal law **United States federal courts *Government of Argentina *Government of Australia *Government of Pakistan *Federal government of Brazil *Government of Canada *Government of India *Federal government of Mexico * Federal government of Nigeria *Government of Russia *Government of South Africa *Government of Philippines Other *''The Federalist Papers'', critical early arguments in fa ...
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Commodity Futures Trading Commission Personnel
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory. Popular commodities include crude oil, corn, and gold. Other definitions of commodity include something useful or valued and an alternative term for an economic good or servic ...
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Agnes Scott College Alumni
Agnes or Agness may refer to: People * Agnes (name), the given name, and a list of people named Agnes or Agness * Wilfrid Marcel Agnès (1920–2008), Canadian diplomat Places *Agnes, Georgia, United States, a ghost town * Agnes, Missouri, United States, an unincorporated community * Agness, Oregon, United States, an unincorporated community * Agnes Township, Grand Forks County, North Dakota, United States * Agnes, Victoria, Australia, a town Arts and entertainment Music * Agnes (band), a Christian rock band ** ''Agnes'' (album), 2005 album by rock band Agnes * "Agnes" (Donnie Iris song) 1980 *"Agnes", a song by Glass Animals for the album ''How to Be a Human Being'' * Agnes (singer) a Swedish recording artist Other arts and entertainment *Agnes (card game), a patience or solitaire card game * ''Agnes'' (comic strip), a syndicated comic strip by Tony Cochran * ''Agnes'' (film), a 2021 American horror film * ''Agnes'' (novel), by Peter Stamm *Agnes, the alias used by the characte ...
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1944 Births
Events Below, the events of World War II have the "WWII" prefix. January * January 2 – WWII: ** Free France, Free French General Jean de Lattre de Tassigny is appointed to command First Army (France), French Army B, part of the Sixth United States Army Group in North Africa. ** Landing at Saidor: 13,000 US and Australian troops land on Papua New Guinea, in an attempt to cut off a Japanese retreat. * January 8 – WWII: Philippine Commonwealth troops enter the province of Ilocos Sur in northern Luzon and attack Japanese forces. * January 11 ** President of the United States Franklin D. Roosevelt proposes a Second Bill of Rights for social and economic security, in his State of the Union address. ** The Nazi German administration expands Kraków-Płaszów concentration camp into the larger standalone ''Konzentrationslager Plaszow bei Krakau'' in occupied Poland. * January 12 – WWII: Winston Churchill and Charles de Gaulle begin a 2-day conference in Marrakech ...
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Fort Walton Beach, Florida
Fort Walton Beach is a city in southern Okaloosa County, Florida. As of the 2020 U.S. census, the population was 20,922, up from 19,507 in 2010. It is the principal city of the Fort Walton Beach− Crestview− Destin Metropolitan Statistical Area. Fort Walton Beach is a year-round fishing and beach resort community. Its busiest time of the year is the summer, causing a boost to the local economy because of seasonal human migration. History Prehistoric settlement of Fort Walton Beach is attributed to the mound building " Fort Walton Culture" that flourished from approximately 1100–1550 CE. It is believed that this culture evolved out of the Weeden Island culture. Fort Walton also appeared to come about due to contact with the major Mississippian centers to the north and west. It was the most complex in the north-west Florida region. The Fort Walton peoples put into practice mound building and intensive agriculture, made pottery in a variety of vessel shapes, and had hierarchic ...
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Dean (education)
Dean is a title employed in academic administrations such as colleges or universities for a person with significant authority over a specific academic unit, over a specific area of concern, or both. In the United States and Canada, deans are usually the head of each constituent college and school that make up a university. Deans are common in private preparatory schools, and occasionally found in middle schools and high schools as well. Origin A "dean" (Latin: ''decanus'') was originally the head of a group of ten soldiers or monks. Eventually an ecclesiastical dean became the head of a group of canons or other religious groups. When the universities grew out of the cathedral schools and monastic schools, the title of dean was used for officials with various administrative duties. Use Bulgaria and Romania In Bulgarian and Romanian universities, a dean is the head of a faculty, which may include several academic departments. Every faculty unit of university or academy. The ...
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Janet Yellen
Janet Louise Yellen (born August 13, 1946) 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. Yellen is the first woman to hold each of those posts and the first person to have led the White House Council of Economic Advisers, the Federal Reserve, and the Treasury Department. Born and raised in Bay Ridge, Brooklyn, Yellen graduated from Brown University in 1967 and earned a Ph.D. in economics from Yale University in 1971. She taught as an assistant professor at Harvard University from 1971 until 1976 when she began working for the Federal Reserve Board as a staff economist from 1977 to 1978 before joining the faculty of the London School of Economics from 1978 to 1980. Yellen is professor emeritus at the Haas School of Business and the University of California, Berkeley, where she has been a faculty member since 1980 and became the Eugene E. ...
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Federal Open Market Committee
The Federal Open Market Committee (FOMC), a committee within the Federal Reserve System (the Fed), is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities). This Federal Reserve committee makes key decisions about interest rates and the growth of the United States money supply. Under the terms of the original Federal Reserve Act, each of the Federal Reserve banks was authorized to buy and sell in the open market bonds and short term obligations of the United States Government, bank acceptances, cable transfers, and bills of exchange. Hence, the reserve banks were at times bidding against each other in the open market. In 1922, an informal committee was established to execute purchases and sales. The Banking Act of 1933 formed an official FOMC. The FOMC is the principal organ of United States national monetary policy. The Committee sets monetary policy by specifying the sho ...
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Lawrence Lindsey
Lawrence B. Lindsey (born July 18, 1954) is an American economist and author. He was director of the National Economic Council (2001–2002), and the assistant to the president on economic policy for George W. Bush. Lindsey previously served as a member of the Federal Reserve Board of Governors from 1991 to 1997, nominated to position by President George H. W. Bush. During his time with George W. Bush administration he played a leading role in formulating President Bush's $1.35 trillion tax cut plan, convincing candidate Bush that he needed an "insurance policy" against an economic downturn. He left the White House in December 2002 and was replaced by Stephen Friedman after a dispute over the projected cost of the Iraq War. Lindsey estimated the cost of the Iraq War could reach $200 billion, while Defense Secretary Donald Rumsfeld estimated that it would cost less than $50 billion. The overall cost of the Iraq War has been estimated by the Congressional Budget Office to be app ...
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