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The 2002 Washington Economic Policy Conference

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David Andrea
Director, Forecasting Group
Center for Automotive Research at Altarum

David Andrea is the Director of the Forecasting Group, Center for Automotive Research at Altarum, a not-for-profit organization. He is responsible for activities focusing on forecasting the business-operating environment (market demand, regulatory requirements, and product technology) and associated risks to existing business models, invested capital base, and company technology portfolios.

Previous to his current position at CAR, Mr. Andrea was chief economist with CSM Worldwide, a Michigan-based automotive forecasting and consulting firm, and responsible for tracking international economic and political trends as well as establishing vehicle sales forecasts for 12 major countries. Before this position, he served as the automotive equity investment analyst with Roney & Co. (now Raymond James), a Detroit-based, regional investment bank. In this position he made investment recommendations on a portfolio of automotive manufacturers and suppliers.

Between 1994 and 1996, Mr. Andrea was director of forecasting with AutoPacific, Inc., providing economic and sales analysis, along with market and product technology trend analysis. Prior to AutoPacific, he worked for eight years with the University of Michigan's Office for the Study of Automotive Transportation, leaving as an Assistant Research Scientist. There he was involved in a wide range of market and product technology trend analysis as well as issues such as international trade.

 


Alan Blinder
Professor
Princeton University

Alan S. Blinder is currently the Gordon S. Rentschler Memorial Professor of Economics and Co-Director of the Center of Economic Policy Studies at Princeton University, and Vice Chairman of the G7 Group.

Dr. Blinder was the Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 until January 1996. In this position, he represented the Fed at various international meetings, and was a member of the Board's committees on Bank Supervision and Regulation, Consumer and Community Affairs, and Derivative Instruments. He also chaired the Board in the Chairman's absence.

Before becoming a member of the Board, he served as a Member of President Clinton's original Council of Economic Advisers from January 1993 until June 1994. There he was in charge of the Administration's macroeconomic forecasting and also worked intensively on budget, international trade, and health care issues.

Dr. Blinder was born on October 14, 1945 in Brooklyn, New York. He earned his A.B. at Princeton University in 1967, M.Sc at London School of Economics in 1968, and Ph.D. at the Massachusetts Institute of Technology in 1971 -- all in Economics. At Princeton, Dr. Blinder chaired the Department of Economics from 1988 to 1990, and founded Princeton's Center for Economic Policy Studies. He has taught at Princeton since 1971.

Dr. Blinder is the author or co-author of 12 books, including the textbook Economics: Principles and Policy (with William J Baumol) now in its 7th edition, from which well over a million college students have learned introductory economics. He has also written scores of scholarly articles on such topics as fiscal policy, monetary policy, and the distribution of income. From 1985 until joining the Clinton Administration, Dr. Blinder wrote a lively monthly column in Business Week magazine.

Dr. Blinder served briefly as Deputy Assistant Director of the Congressional Budget Office when that agency started in 1975 and has testified many times before Congress on a wide variety of public policy issues. He is a Governor of the American Stock Exchange, a Trustee of the Russell Sage foundation, and has been elected to the American Philosophical Society and the American Academy of Arts and Sciences.

 

Kathleen Cooper
Under Secretary for Economic Affairs
U.S. Dept of Commerce

As the Commerce Department Under Secretary for Economic Affairs, Kathleen B. Cooper serves as the principal economic adviser to Secretary Donald L. Evans and the CEO of a 7000-employee organization that gathers, calculates, and disseminates much of the U.S. demographic, social, and economic data. Business leaders, policy makers, indeed all Americans, base decisions on the economic and demographic information in Dr. Cooper's purview, including reports on the nation's gross domestic product, retail sales, personal income, housing starts, inventory levels, and international trade.

She is the Administrator of the Economics and Statistics Administration and oversees two statistical agencies -- the Bureau of Economic Analysis and the Census Bureau -- and the Internet information resource, STAT-USA.

Prior to joining the Bush Administration, Dr. Cooper was the Chief Economist and Manager of the Economics and Energy Division at the Exxon Mobil Corporation, where she advised corporate leadership on the global business environment and energy markets and developed appropriate assumptions for planning purposes. As part of executive management, she shaped company positions on international trade, tax, and environmental policy issues.

Before joining Exxon Mobil in 1990, Dr. Cooper was Executive Vice President and Chief Economist of Security Pacific National Bank in Los Angeles. She led the bank's Economics Department, which conducted international, financial market, industry risk, and regional research. Dr. Cooper began her career as the Corporate Economist and then Chief Economist of the United Banks of Colorado, lecturing part time for one year on economics and statistics at the University of Colorado at Denver.

Dr. Cooper was Vice Chairman of the National Bureau of Economic Research, which is known for its scholarly research and for dating business cycles and recessions. She served as president of the National Association of Business Economists, chairman of the American Bankers Association's Economic Advisory Committee, a trustee of the Committee for Economic Development and the American Council for Capital Formation, and president and of the US Association for Energy Economics where she remains involved as a senior fellow. Dr. Cooper is a member of the Conference of Business Economists.

She served as a trustee of Scripps College in Claremont, California and on the Board of Directors of Goodwill Industries of Metropolitan Dallas and the Single Room Occupancy Housing Corporation in Los Angeles. Dr. Cooper also was treasurer of the International Women's Forum.

Dr. Cooper holds a bachelor's degree in mathematics and a master's degree in economics from the University of Texas at Arlington and a doctorate in economics from the University of Colorado.


 

David A Dodge
Governor
Bank of Canada

David A Dodge was appointed Governor of the Bank of Canada on 1 February 2001, for a term of seven years. As Governor, he is Chairman of the Board of Directors of the Bank.

A native of Toronto, Mr. Dodge received a bachelor’s degree (honours) in economics from Queen’s University and a PhD in economics from Princeton (1972). During his academic career he has served as Assistant Professor of Economics at Queen’s University; Associate Professor of Canadian Studies and International Economics at the School of Advanced International Studies, Johns Hopkins University; Senior Fellow in the Faculty of Commerce at the University of British Columbia; and Visiting Professor in the Department of Economics at Simon Fraser University. He has also served as Director of the International Economics Program of the Institute on Research in Public Policy.

During a distinguished career in the federal public service, Mr. Dodge has held senior positions in the Central Mortgage and Housing Corporation, the Anti-Inflation Board, and the Department of Employment and Immigration. After serving in a number of increasingly senior positions at the Department of Finance, including that of G-7 Deputy, Mr. Dodge was appointed Deputy Minister of Finance in 1992. In that role, he served as a member of the Bank’s Board of Directors until 1997.

During the academic year 1997-98, Dr. Dodge took leave from the federal government to work as a Senior Fellow in the Faculty of Commerce at the University of British Columbia and a Visiting Professor in the Department of Economics at Simon Fraser University.

Mr. Dodge returned to the federal public service in 1998 when he was appointed Deputy Minister of Health, where he served until the announcement of his appointment as Governor of the Bank of Canada.

 

William Dunkelberg
Chief Economist
National Federation of Independent Business

Currently Professor of Economics at the School of Business and Management , Temple University, where Dr. Dunkelberg served as Dean from 1987 through 1994 and as Director of the Center for the Advancement and Study of Entrepreneurship from 1991 through 1994. His prior appointments were at the Krannert Graduate School of Management, Purdue University [ Professor of Management and Economics and Associate Director, Credit Research Center], the Graduate School of Business, Stanford University [Associate Professor of Business Economics] and the Survey Research Center at the University of Michigan [Study Director, Economic Behavior Program]. He has served as the Chief Economist for the National Federation of Independent Business since 1971. He has a Ph.D. degree in Economics from the University of Michigan (1969).

Dr. Dunkelberg is a nationally known authority on small business, entrepreneurship, consumer behavior and consumer credit and government policy. He was reported by the New York Times to be one of four final candidates for Vice Chairman of the Board of Governors of the Federal Reserve System in 1981, served as an advisor to the Secretary of Commerce, and was appointed to the Consumer Advisory Council of the Federal Reserve System in 1989 [2 year term]. He is a past president and a Fellow of the National Association of Business Economists [NABE]. He was appointed to the Census Advisory Committee representing the American Economic Association in 1992 and again in 1995 (serving as chair) and served on the board of The National Bureau of Economic Research from 1996 to 1999. He is an elected member of the Conference of Business Economists and the National Business Economic Issues Council and the first recipient of the Small Business Administration's Research Advocate of the Year award.

Dr. Dunkelberg has presented expert testimony before the U.S. House and Senate on consumer credit, inflation, tax reform, the minimum wage, small business, electronic funds transfer systems, energy efficiency standards, health care and monetary and fiscal policy. He has appeared on CNN, CNBC, the ABC, CBS and NBC EVENING NEWS programs, GOOD MORNING AMERICA and numerous local news and business TV and radio shows. He is frequently quoted in major news publications including the Wall Street Journal, Business Week, the New York Times, U.S. New and World Report, Grants Interest Rate Observer, USA Today, Time, the Washington Post and Newsweek and serves on the economic forecasting panels for USA Today and Business Week and Forbes. He has authored and co-authored numerous books and articles and writes a monthly small business economic report for the National Federation of Independent Business. He had his own radio show on WPHT 1210 AM Philadelphia (50,000 watts) every Sunday for 2 years and his editorials have been carried by KYW NEWS RADIO for nine years.

Dr. Dunkelberg received his Ph.D. in Economics from the University of Michigan. He serves on the boards of NCO Group, ADVANTA Corp.(1989-2001), Active-e Solutions, Penn Tackle Mfg., Made4me.com (a founder), the Global Interdependence Center (Chair), the Credit Research Center (Georgetown Univ.), the Commonwealth Foundation, the International Visitors Council, The Ben Franklin Innovation Investment Advisory Committee, the Javie Foundation for Charity, the Laboratory for Student Success, and the Pennsylvania Council on Economic Education. Dr. Dunkelberg has served as a regional judge for the Ernst & Young Entrepreneur of the Year program for 10 years, a national judge in 2001, and as a member of the board of the Greater Philadelphia Chamber of Commerce.

 

Stephen E. Flynn, Ph.D.
Commander, U.S. Coast Guard
Senior Fellow, National Security Studies Program
Council on Foreign Relations

Stephen Flynn is a Senior Fellow with the National Security Studies Program at the Council on Foreign Relations, headquartered in New York City. He is also a Commander in the U.S. Coast Guard and member of the Permanent Commissioned Teaching Staff at the U.S. Coast Guard Academy. Currently at the Council he is directing a multi-year project on "Protecting the Homeland: Rethinking the Role of Border Controls." He has served in the White House Military Office during the George H.W. Bush administration and as a Director for Global Issues on the National Security Council staff during the Clinton administration.

He is author of several articles and book chapters on border control, homeland security, the illicit drug trade, and transportation security, including the "American the Vulnerable" Foreign Affairs (Jan/Feb 2002) and "The Unguarded America" which appears in a collection of essays on the September 11 attacks published by PublicAffairs Books. He was a Guest Scholar in the Foreign Policy Studies Program at the Brookings Institution from 1991-92, and in 1993-94 he was an Annenberg Scholar-in-Residence at the University of Pennsylvania. He is a 1982 graduate of the U.S. Coast Guard Academy and has served twice in command at sea. He received a M.A.L.D. and Ph.D. in 1990 and 1991 from the Fletcher School of Law and Diplomacy, Tufts University.


Rick Gallagher,
Stores Magazine, Publisher and Editor-in-Chief
NRF Vice President

Mr. Gallagher is a nationally recognized authority with two decades of
experience reporting on the retail industry.

He is a sought-after commentator on the industry, with appearances on NBC’s “Today” show; ABC’s “Good Morning America”; PBS’ “News Hour with Jim Lehrer” ; CNN’s “Moneyline With Lou Dobbs”, “Inside Business” and “Headline News”; CNBC’s “Today’s Business”, “Market Wrap”, “Money Wheel”, “Business Insiders” and “Power Lunch”; Fox “Morning News”; Reuters Financial Television, Wall Street Journal Radio Network, CNN Network Radio, National Public Radio and
ABC Information Network radio.

His views have also appeared in “The Wall Street Journal”; “The New York Times” and “Businessweek”. He is a winner of the Jesse Neal Award, the highest honor presented by the American Business Press
.

 

John S. Greelees
Assistant Commissioner for Consumer Prices and Price Indexes
Bureau of Labor Statistics

John S. Greenlees is the Assistant Commissioner for Consumer Prices and Price Indexes at the U.S. Bureau of Labor Statistics (BLS). In this capacity he is responsible for all production and development activities in the Consumer Price Index (CPI) program. In recent years, these activities have included the sixth Major Revision of the CPI in 1998, the introduction in 1999 of a new geometric mean formula for basic index calculation, a broad expansion of the use of hedonic regression for quality adjustment, and the design of a new superlative index for introduction later in 2002. He represents the Bureau on matters relating to price measurement generally and the CPI in particular.

Prior to joining the CPI program in 1995, Dr. Greenlees was Director of the Office of Economic Analysis in the Treasury Department's Office of the Assistant Secretary for Economic Policy. He directed a staff of several professional economists, preparing policy memoranda and research papers on a variety of issues including the regulation of the insurance industry, the financial solvency of Social Security, infrastructure finance, and the distribution of federal taxes and transfers. His other Treasury research included the impact of tax reform on the cost of capital, the relationship of government deficits and personal saving, and the behavioral response to capital gains taxation.

Dr. Greenlees was Chief of the Division of Price and Index Number Research at BLS from 1982 to 1985. There, he directed a staff of economists and other professionals providing research and consulting services on topics such as the incorporation of taxes in cost-of-living indexes, the use of X11-Arima for seasonal adjustment, alternative weighting techniques in the Consumer Expenditure Survey, and the development of an approach for including service industries in the Producer Price Index program.

Dr. Greenlees is a member of the Executive Committee of the Conference on Research in Income and Wealth, and also a member of the Steering Bureau of the International Working Group on Price Indices (the Ottawa Group). He is a graduate of the University of California at Berkeley, and holds an M.A. from the University of Chicago and a Ph.D. in Economics from UCLA.

 

William J Hannigan
Chairman and CEO
Sabre

William J. Hannigan is chairman and chief executive of Sabre, the worldÕs leading provider of technology, distribution and marketing services for the travel industry. Hannigan was elected to the Sabre board of directors and named president and CEO in December of 1999. In March of 2000, the company spun off from its long-time parent, AMR, and Hannigan was named chairman of the board.

Under Hannigan's leadership, Sabre has completed several key transactions that position the company for higher growth and profitability. In March 2000, Sabre completed a merger of Travelocity and Preview Travel -- creating a new public company that's the undisputed leader in the online consumer travel channel. Sabre then acquired GetThere and combined it with its Sabre Business Travel Solutions -- creating the leader in the corporate online travel channel. Sabre has strengthened its position in Europe by buying majority stake in Germany-based Dillon Communication Systems and by acquiring Ireland-based Gradient Solutions. And in July of 2001, the company announced a multi-billion dollar transaction with EDS, which included the sale of Sabre's airline infrastructure outsourcing business unit and a joint marketing agreement.

Prior to his appointment at Sabre, Hannigan held several senior executive positions at SBC Communications, including president of SBC Global Markets and president of Southwestern Bell's $4.5 billion Business Services unit.

Prior to SBC, Hannigan spent 13 years at Sprint. He began his career at Sprint as a field engineer. He then served in positions of increasing responsibility, including vice president and general manager-West Area, and vice president of Engineering and Applications Support.

Hannigan earned a master's degree in business administration from the University of Colorado. He also served six years in the U.S. Navy Submarine Service. He is a member of the Board of the Dallas Citizens Council and the Cotton Bowl Athletic Association. He also served on the Technology Advisory Committee to the Bush-Cheney 2000 Campaign.

 

 

John D. Hawke
Comptroller of the Currency

John D. Hawke, Jr. was sworn in as the 28th Comptroller of the Currency on December 8, 1998. After serving for 10 months under a Recess Appointment, he was sworn in for a full five-year term as Comptroller on October 13, 1999.

The Comptroller of the Currency is the Administrator of National Banks. The Office of the Comptroller (OCC) supervises 2,600 federally chartered commercial banks and about 66 federal branches and agencies of foreign banks in the United States comprising more than half of the assets of the commercial banking system. The Comptroller also serves as a Director of the Federal Deposit Insurance Corporation, the Federal Financial Institutions Examination Council, and the Neighborhood Reinvestment Corporation.

Prior to his appointment as Comptroller, Mr. Hawke served for 3-1/2 years as Under Secretary of the Treasury for Domestic Finance. In that capacity he oversaw the development of policy and legislation in the areas of financial institutions, debt management and capital markets, and served as Chairman of the Advanced Counterfeit Deterrence Steering Committee and as a member of the board of the Securities Investor Protection Corporation. Before joining Treasury, Mr. Hawke was a Senior Partner at the Washington, D.C. law firm of Arnold & Porter, which he first joined as an associate in 1962. At Arnold & Porter he headed the Financial Institutions practice, and from 1987 to 1995 he served as Chairman of the firm. In 1975 he left the firm to serve as General Counsel to the Board of Governors of the Federal Reserve System, returning in 1978.

Mr. Hawke graduated from Yale University in 1954 with a B.A. in English. From 1955 to 1957 he served on active duty with the U.S. Air Force. After graduating in 1960 from Columbia University School of Law, where he was Editor-in-Chief of the Columbia Law Review, Mr. Hawke was a law clerk for Judge E. Barrett Prettyman on the United States Court of Appeals for the District of Columbia Circuit. From 1961 to 1962 he served as counsel to the Select Subcommittee on Education in the House of Representatives.

From 1970 to 1987 Mr. Hawke taught courses on federal regulation of banking at the Georgetown University Law Center. He has also taught courses on bank acquisitions and financial regulation and serves as the Chairman of the Board of Advisors of the Morin Center for Banking Law Studies.

In 1987 Mr. Hawke served as a member of a Committee of Inquiry appointed by the Chicago Mercantile Exchange to study the role of futures markets in connection with the stock market crash in October of that year.

Mr. Hawke has written extensively on matters relating to the regulation of financial institutions, and is the author of "Commentaries on Banking Regulation," published in 1985. He was a founding member of the Shadow Financial Regulatory Committee, and served on the committee until joining Treasury in April 1995.

Mr. Hawke is a member of the Cosmos Club, the Economic Club of Washington and the Exchequer Club of Washington.

Born in New York City on June 26, 1933, Mr. Hawke resides in Washington, D.C. He was married in 1962 to the late Marie R. Hawke and has four adult children, Daniel, Caitlin, Anne and Patrick, and one grandchild, Spencer Patrick Hawke.



R. Glenn Hubbard
Chair
Council of Economic Advisors

R. Glenn Hubbard was confirmed by the Senate on May 10, and was appointed by the President on May 11, 2001 as Chairman of the Council of Economic Advisers.

He received his Ph.D. in economics from Harvard University in 1983.

Dr. Hubbard is on a leave of absence from Columbia University where he is the Russell L. Carson Professor of Economics and Finance and Co-Director of the Entrepreneurship Program in the Graduate School of Business and Professor of Economics in the Faculty of Arts and Sciences. He also served as Senior Vice Dean of the Graduate School of Business. At the National Bureau of Economic Research, he is a research associate. Prior to joining the Columbia faculty in 1988, he taught at Northwestern University. He also served as a visiting professor at the John F. Kennedy School of Government at Harvard University, the Graduate School of Business of the University of Chicago, the Harvard Business School, and as a John M. Olin Fellow at the National Bureau of Economic Research, where he is a research associate. From 1991-1993, he was Deputy Assistant Secretary (Tax Analysis) of the U. S. Treasury Department.

Dr. Hubbard's research interests span public economics, macroeconomics, corporate finance, and industrial organization. A prolific author, Dr. Hubbard has authored a textbook on financial markets and institutions, edited volumes on financial economics and international tax policy, and written more than 90 scholarly articles. In addition to his responsibilities at Columbia and the National Bureau of Economic Research, Dr. Hubbard served as the Director of the Program on Tax Policy at the American Enterprise Institute in Washington, D. C. He has been a consultant to the U. S. Department of the Treasury, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, the National Science Foundation, and numerous private corporations.

Dr. Hubbard is married to Constance Pond and they have two sons, Raph and William.


 

Sara Johnson
Managing Director,
DRI-WEFA

Sara Johnson is Managing Director of the Global Macroeconomics Group at DRI-WEFA, a Global Insight Company formed in May 2001. In this role, she is responsible for advisory economics services and business development. Ms. Johnson previously served as North American Research Director and Chief Regional Economist with Standard & Poor?s DRI. As Research Director, she was responsible for DRI?s U.S. and Canadian forecasting services and served on Standard & Poor?s five-member Economic Council. As Chief Regional Economist, Ms. Johnson directed the economic modeling, forecasting, and analyses of states, metropolitan areas, and counties of the United States. She also managed business relationships and consulting projects with state and local government clients and trade organizations.
Ms. Johnson holds a B.A. degree in economics and mathematics from Wellesley College and an M.A. in economics from Harvard University with concentrations in finance and macroeconomic theory.

Ms. Johnson has served on the Boards of Trustees of the Boston 1784 Funds and BayFunds. She is a member of the Boston Economic Club and a past president of the Boston Association of Business Economists, a regional chapter of the National Association for Business Economics. She is currently president of The New York Collegium, a Baroque period orchestra and chorus performing in New York and Boston, and an overseer of Newton-Wellesley Hospital.

Since 1991, Ms. Johnson has served on the Governor's Economic Council, advising three Massachusetts governors on public policy and economic development and chairing the Governor's Task Force on Tax Policy and Capital Formation through 1999.

 



Christine S. Loredo
Senior Analyst, International Wireless Practice

Mrs. Loredo is a Senior Analyst in The Strategis Group's Global Mobile Wireless Research. Some recent publications include Next Generation Mobile: Global Licensing Valuation & Operator Strategies, Strategis Databank, North American Wireless Infrastructure, and Global Next Generation Wireless Technology and Infrastructure Forecasts.

Mrs. Loredo is often quoted in the media as an expert in next generation wireless infrastructure and frequently speaks on various topics relating both to technology and infrastructure. Mrs. Loredo has experience with statistics and modeling and speaks Spanish and French. She has acquired knowledge of the telecommunications industry through her professional experience in private sectors. Prior to working at The Strategis Group, Mrs. Loredo worked for Global Telesystems Inc. where she analyzed new opportunities for the wholesale division. Mrs. Loredo has held prior positions and internships with wireless operators.

Academic achievements:

  • MIM, Finance, The American Graduate School of International Management (Thunderbird)
  • MBA, University of Colorado, Denver
  • BA, International Business & Marketing, University of Colorado, Boulder

 

 

John Tepper Marlin
Chief Economist
Office of the New York City Comptroller

JOHN TEPPER MARLIN is Chief Economist to the New York City Comptroller and served in this office for two prior City Comptrollers starting in 1992. He graduated from Harvard in 1962, earned a BA and MA from Oxford and received his PhD in economics from the George Washington University in 1968. He was a Federal Government economist from 1964 to 1969, at the Federal Reserve Board, SBA and FDIC. He then became an Assistant Professor at Baruch College, City University of New York. In 1973 he founded the Council on Municipal Performance and served as its President and CEO for 15 years. In 1988 he created JTM Reports and was its President and CEO for five years. Under NYC Comptroller Holtzman in 1993 he was responsible for estimating the damage caused by the bombing of the World Trade Center and under NYC Comptroller Hevesi in 2001 he was responsible for the first estimates of the economic damage of the September 11 attack in the WTC. He is Vice President of the New York Association for Business Economics. He has written 15 books on urban economies and articles in The Journal of Money Credit and Banking, The John Liner Review, The Journal of Economic Perspectives, Risk Management, Public Budgeting and Finance, The Journal of Accountancy, and The Bankers Magazine as well as four Op-Ed articles in The New York Times. He is an Adjunct Professor at Pace University and NYU. His bio appears in Who's Who in America.

 

William McDonough
President and CEO
Federal Reserve Bank of New York

William J. McDonough was appointed the eighth president and chief executive officer of the Federal Reserve Bank of New York on July 19, 1993. In that capacity, he serves as the vice chairman and a permanent member of the Federal Open Market Committee (FOMC), the group responsible for formulating the nation's monetary policy. Mr. McDonough also serves as a member of the Board of Directors of the Bank for International Settlements and chairman of the Basel Committee on Banking Supervision.

Mr. McDonough joined the New York Fed in January 1992 as executive vice president, head of the bank's markets group, and the manager of open market operations for the FOMC.

Mr. McDonough, 67, retired from First Chicago Corp. and its bank, First National Bank of Chicago, in 1989 after a 22-year career there. He was vice chairman of the board and a director of the bank holding company from 1986 until his retirement. Before joining the New York Fed, Mr. McDonough served as an advisor to a variety of domestic and international organizations.

Prior to his career with First Chicago, Mr. McDonough was with the U.S. State Department from 1961 to 1967 and the U.S. Navy from 1956 to 1961.

Mr. McDonough earned a master's degree in economics from Georgetown University in Washington, D.C., in 1962, and a bachelor's degree, also in economics, from Holy Cross College in Worcester, Mass., in 1956.

Mr. McDonough is a member of the board of directors of the New York Philharmonic Orchestra, the Foreign Policy Association, the Council on Foreign Relations, and the Institute for International Economics. In addition, Mr. McDonough is a member of the Trilateral Commission and the Group of Thirty.

Mr. McDonough is married and lives in New York City.


Michael Nevens
Director
McKinsey Global Institute

Mike Nevens is a Director in McKinsey & Company's Silicon Valley Office. He is the managing partner of the Firm's Global High Tech Practice. Mr. Nevens also serves on the Firm's Professional Conduct and Standards Committee and chairs the Firm's IT vendor relations committee. He works primarily with clients in the computer, software, networking, semiconductor, aerospace, and telecommunications industries on a variety of management issues.

He has worked with clients in North America, Europe, and Asia to assist in revitalizing core businesses, new business creation, and market entry. In addition, he has worked with leading high tech companies on improving board effectiveness, organization, acquisitions, mergers, and alliances. Further, he has led assignments to assist clients in operational improvements in sales and marketing, R&D, manufacturing, purchasing, supply chain.

Mr. Nevens has written on these issues in The Wall Street Journal, Financial Times, ZDNet, and Harvard Business Review and has spoken to numerous industry groups.

Prior to joining McKinsey in 1980, Mr. Nevens held several staff positions with the U.S. House of Representatives and various political campaign organizations. Prior to that, he was a consultant with Arthur Andersen & Company's computer systems practice.

Mr. Nevens received a B.S. degree and pursued Master's studies in Physics at the University of Notre Dame. He also received a M.S. in Industrial Administration from the Krannert School of Purdue University. At Purdue, he was designated a Krannert Scholar. Mr. Nevens is past president and member of the board of trustees of the San Jose Museum of Art; and is co-chair of the board of the CEO Forum, a nationwide business, education, and labor group promoting the appropriate use of technology in education, and a member of the executive committee of the Democratic Forum of Silicon Valley.




Len M Nichols
Vice President
Center for Studying Health System Change

Len Nichols joined the Center for Studying Health System Change as Vice President in October of 2001. He will provide leadership in shaping the research of the Center to inform the policy process in a timely and nonpartisan way, in addition to continuing his own research agenda related to private health insurance and health care markets. He will continue to study the decisions of employers to offer health insurance, of workers to buy insurance, of health plans to use manage care techniques, of physicians to practice in certain ways, of nurses to work in certain settings, and of patients to use care in particular circumstances, all within environments and contexts defined by federal, state, and local policy makers. Len's research will focus on policy inferences, as it always has. He remains a member of the Competitive Pricing Advisory Commission (CPAC) for the U.S. Medicare program, and recently served as a member of the Technical Review Panel for the Medicare Trustees Reports.

During the first two years of the Clinton Administration, Len was the Senior Advisor for Health Policy at the Office of Management and Budget (OMB). He managed and coordinated cost and revenue estimation for President Clinton's Health Security Act (HSA) and its congressional successors. He was part of the staff of the original Health Care Task Force, and he worked throughout 1993 on policy development for the HSA, with primary responsibility for the HSA cost and revenue estimates that went into the fiscal year 1995 budget submission to Congress. During 1994 he was part of a small team that provided technical policy development support for the White House and for congressional committees and leadership. He was the lead administration analyst for coordinating estimation methodology with the Congressional Budget Office. Prior to OMB, Dr. Nichols was a visiting Public Health Service Fellow at the Agency for Health Care Policy and Research during 1991-1992, and prior to that he was an Associate Professor and Economics Department Chair at Wellesley College, where he taught from 1980-1991.

 

 


Honorable Paul H. O'Neill
Secretary
Department of the Treasury

Paul H. O'Neill was nominated by then President-Elect George W. Bush on December 20, 2000, to be the 72nd Secretary of the Treasury. His confirmation hearing was held on January 17, 2001, Mr. O'Neill received Senate confirmation and was sworn in on January 20, 2001.
O'Neill's unique experience transforming an old economy firm into a new economy success has been chronicled as a study by the Harvard Business School, and studied in business schools across the nation. O'Neill has gained valuable insights into international finance and the global economy as head of a major corporation with 140, 000 employees spread across 36 nations. O'Neill's mastery of federal budget details and process stems from his tenure at the U.S. Office of Management and Budget.

Mr. O'Neill served as Chairman and CEO of Alcoa from 1987 until 1999. He retired as chairman at the end of 2000. In 1977, O'Neill joined International Paper Company as Vice President for Planning, aserving in that capacity until 1985.

Between 1967 and 1977, O'Neill served at the U.S. Office of Management and Budget (OMB). He joined OMB in 1967, and was deputy director of OMB from 1974 to 1977. He began his public service as a computer systems analyst with the US Veterans Administration, where he served from 1961 to 1966.

Secretary O'Neill also served as Director of the American Enterprise Institute, served on the Boards of Directors of Eastman Kodak Company, Lucent Technologies, and the Rand Corporation.

He obtained his Bachelor's Degree in Economic from Fresno State College in California and his Master's Degree in Public Administration from Indiana University. He and his wife, Nancy, have three daughters, one son and twelve grandchildren. Mr. O'Neill was born in St. Louis, Missouri, on December 4, 1935.




Scott Pattison
Executive Director
National Association of State Budget Officers

Scott D. Pattison serves as the Executive Director of the National Association of State Budget Officers (NASBO) in Washington, D.C. Founded in 1945, NASBO serves as the professional organization for all state budget officers of the fifty states and U.S. territories.

Scott has served as Virginia's state budget director as head of the Virginia Department of Planning and Budget (DPB). Scott previously headed DPB's Regulatory and Economic Analysis section and has also served as Counsel to the Attorney General of Virginia. Scott also worked in a variety of capacities, including as an Attorney-Advisor, at the U.S. Federal Trade Commission (FTC) in Washington, D.C.

Scott is an adjunct faculty member at the University of Richmond, where he teaches a course in political science, and serves on the board of Old Dominion University in Norfolk. He previously served on the boards of his local chapter of the American Cancer Society and the Washington, D.C. area University of Virginia alumni.

Scott graduated Phi Beta Kappa from the George Washington University in 1984 and received his law degree in 1987 from the University of Virginia.

 

Gary S Schieneman
Board Member
Financial Accounting Standards Board

Gary S. Schieneman was appointed to the Financial Accounting Standards Board (FASB), effective July 1, 2001. Prior to joining the FASB, Mr. Schieneman served as Director, Comparative Global Equity Analysis, of Merrill Lynch where he was responsible for global accounting research and related issues affecting cross-border investments. Previous to his position at Merrill Lynch, Gary was Director of Latin American Research at Smith New Court, where he also was the firm’s Latin American Strategist. Before joining Smith New Court, he was Vice President, International Equity Research at Prudential-Bache Securities.

Mr. Schieneman began his career as an auditor at Price Waterhouse in New York and, subsequently was based in Paris. He later worked for Mobil Europe based in London. Following that post, he joined Arthur Young & Co. in New York as Partner in its International Service Office.

Among his other activities, Mr. Schieneman has been a Professor of Accounting at Columbia Graduate School of Business Administration and New York University. He is a member of the American Institute of Certified Public Accountants (AICPA), the New York Society of Security Analysts and the Association for Investment Management and Research (AIMR).

Mr. Schieneman received a bachelor’s degree in accounting from the University of Illinois and earned a master’s in business administration from New York University.


 

Charles Schultze,
Senior Fellow Emeritus
The Brookings Institution

 Charles L. Schultze, Senior Fellow Emeritus in the Economic Studies Program, has been involved with the Brookings Institution since 1968. He has served in key positions in and out of the U.S. Government for the past 35 years.

Schultze was Director of the Brookings Economic Studies program from 1987 to 1990. He was a Senior Fellow in the Economic Studies Program from 1968 to 1977 and 1981 to 1987. During the Carter Administration, from 1977 to 1980, he served as Chairman of the Council of Economic Advisers. In the 1960s, Schultze was Assistant Director of the U.S. Bureau of the Budget from 1962 to 1964, and Director there from 1965 to 1967. In 1994 and 1995, Schultze chaired the National Academy of Sciences Panel on Census Requirements in the Year 2000. He is currently Chairman of the Academy’s Panel on Cost-of-Living Indexes.

Schultze has authored or co-authored dozens of books and articles on economics. Most recently, he authored an article “Has Job Security Eroded for American Workers?” The New Relationship: Human Capital in the American Corporation, (Brookings, 1999). In 1992 he coedited a book with Henry J. Aaron titled Setting Domestic Priorities: What Can Government Do? He also completed a study entitled, Memos to the President: A Guide through Macroeconomics for the Busy Policymaker (Brookings, 1992). Among his better known works, several of which have been written in cooperation with other Brookings scholars, are: An American Trade Strategy: Options for the 1990s, co-edited with Brookings Senior Fellow Robert Z. Lawrence (Brookings, 1990); Barriers to European Growth: A Transatlantic View, with Robert Z. Lawrence (Brookings, 1987); Economic Choices 1987 (Brookings, 1986); Other Times, Other Places (Brookings, 1986); The Public Use of Private Interest (Brookings, 1977); Setting National Priorities (Brookings, four volumes: 1970, 1971, 1972, and 1973); Higher Oil Prices and the World Economy: The Adjustment Problem (Brookings, 1975); Pollution, Prices, and Public Policy (Brookings, 1975); and The Politics and Economics of Public Spending (Brookings, 1968).

Schultze has been a contributor to such publications as the Journal of Economic Perspectives, The Brookings Review, Brookings Papers on Economic Activity (BPEA), and the like. In 1984, he served as President of the American Economic Association.

Schultze was born in 1924 in Alexandria, Virginia. He received his Bachelor’s and Master’s Degrees in Economics from Georgetown University in 1948 and 1950, respectively, and was awarded a Ph.D in Economics from the University of Maryland in 1960.


Mark Sniderman
Senior Vice President and Director of Research
Federal Reserve Bank of Cleveland

Mark Sniderman is senior vice president and director of research for the Federal Reserve Bank of Cleveland. His responsibilities in the Research Department include overseeing the production of research publications and directing the economic and monetary policy analysis of the Bank. In addition, Dr. Sniderman has senior management responsibilities for the Bank's Corporate Communications and Community Affairs Department. He serves on the Bank Leadership Committee of the Cleveland Fed. Dr. Sniderman is also a member of the Federal Reserve System's Information Technology Council.

Dr. Sniderman joined the Bank's Research Department as an economist in 1976. He was promoted to senior economist in 1978, economic advisor in 1979, and assistant vice president in 1983. He became vice president and associate director of research in 1986, and assumed his current position in 1994. Dr. Sniderman also served as senior economist for economic policy analysis for the U.S. Senate Budget Committee in Washington, D.C. Before joining the Federal Reserve, Dr. Sniderman held teaching and research positions at the University of Wisconsin at Madison.

A native of Youngstown, Ohio, Dr. Sniderman earned a bachelor's degree from Case Western Reserve University and master's and doctoral degrees in economics from the University of Wisconsin at Madison.


 


Paula Stern
President
The Stern Group

The Honorable Paula Stern is President of The Stern Group, an economic analysis and trade advisory firm in Washington, D.C.

A distinguished scholar and a former chairwoman of the U.S. International Trade Commission (ITC), Dr. Stern advises businesses on trade issues that affect their competitiveness in the international economy. She currently serves on the boards of directors of Avon Products, Inc., Hasbro, Inc and The Neiman Marcus Group. During her years at the ITC, as a commissioner from 1978-1987 and as chairwoman of the 500-person agency from 1984-1986, Dr. Stern analyzed and voted on over 1,000 trade cases involving a broad range of industries and issues. At the time, she was the second highest-ranking woman in the U.S. Government.

Dr. Stern is a member of the U.S. President's Advisory Committee for Trade Policy and Negotiations (ACTPN). She is a member of the Council on Foreign Relations, the Inter-American Dialogue, the U.S. Committee on NATO and the Committee for Economic Development, where she co-chairs the trade and globalization subcommittee. She sits on the boards of the Jerome Levy Economics Institute and the Executive Committee of the Atlantic Council of the United States.

She is the former Co-Chairperson of the International Competition Policy Advisory Committee (ICPAC) for the Attorney General and the U.S. Department of Justice Antitrust Division (1997 – 2000), and a former Chairwoman of the Advisory Committee of the U.S. Export-Import Bank. Stern was also a Presidentially appointed member of the board of directors of the Inter-American Foundation.

Dr. Stern was both a member and senior advisor of the Trade Policy Subcouncil of the bipartisan, federally mandated Competitiveness Policy Council; she prepared the Council's proposals for reforming U.S. international economic policymaking, delivered to the Congress and the President in 1993, which guided the trade and export strategy of the Clinton Administration.

She also served on the Congressionally mandated National Academy of Sciences= Panel on the Future Design and Implementation of U.S. National Security Export Controls and the U.S. Congress' Office of Technology Assessment's advisory panel on Technology, Innovation, and U.S. Trade.

Dr. Stern served as a legislative assistant to U.S. Senator Gaylord Nelson from 1972-1974 and as a senior legislative assistant from 1976-1977. In the years between, she was a guest scholar at the Brookings Institution where she wrote Water's Edge - Domestic Politics and the Making of American Foreign Policy, a well-received book on Congressional-Executive relations in foreign policy making. In subsequent years, she was a Council on Foreign Relations Fellow and a Senior Associate at the Carnegie Endowment for International Peace. From 1994 to 2000 she served as Alkire Chairholder in International Business at Hamline University

Her writing on trade and foreign policy, Congress, women's issues, and U.S. relations with the Asia-Pacific, the Middle East, Latin America, and Europe have been widely published in scholarly and more popular journals. She is also a frequent public speaker and television commentator in the United States and overseas.

In 1986, she was singled out by MS magazine as one of the top women influencing the American economy. In 1993, she was the recipient of the Directors= Choice Award for Leadership presented by The National Women=s Economic Alliance Foundation. She has received honorary degrees in Law from Goucher College and Commercial Science from Babson College and is a recipient of the Alicia Patterson Journalism Award.

Born in Chicago, Illinois and raised in Memphis, Tennessee, Dr. Stern received a B.A. from Goucher College, a M.A. in Regional Studies from Harvard, and a Ph.D. in International Affairs from Tufts University's Fletcher School of Law and Diplomacy.


 

 

Kevin Stiroh
Senior Economist
Federal Reserve Bank of New York

Fields:

  • Performance of Financial Institutions.
  • Growth and Productivity.

Education:

  • Ph.D., Economics, Harvard University, Cambridge MA, June 1995.
  • M.A., Economics, Harvard University, Cambridge MA, June 1995.
  • B.A., Economics and Psychology, Swarthmore College, Swarthmore PA, June 1989, Phi Beta Kappa, Distinction in Economics.


Employment

  • Senior Economist, Federal Reserve Bank of New York, New York NY, 2000-present.
  • Economist, Federal Reserve Bank of New York, New York NY, 1999-2000.
  • Economist, The Conference Board, New York NY, 1997-1999.
  • Research Fellow, Program on Technology and Economic Policy, Kennedy School of Government, Cambridge MA, 1995-1999.
  • Assistant Professor, Department of Economics, Bentley College, Waltham MA, 1995-1997.


Teaching Experience

  • Undergraduate Level: Business Statistics, Money and Banking, Macroeconomics, Bentley College, 1995-1997.
  • Graduate Level: Economic Environment of the Firm, MBA, Bentley College, 1997.
  • Undergraduate Level: Principles of Economics, Teaching Fellow, Harvard University, 1992-1995.




 


 

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