Tuesday, July 21, 2015

Obama Nominates U of M Prof To Federal Reserve Board

Kathryn Dominguez (Photo via U of M)

By Brandon Hall
(Email him at

President Barack Obama has selected a University of Michigan Professor to serve as the Chicago region's representative on the Board of Governors for the Federal Reserve. He announced the selection of Kathryn Dominguez Monday.

"“Dr. Dominguez has the proven experience, judgment, and deep knowledge of the financial system, monetary policy, and international capital markets to serve at the Federal Reserve during this important time for our economy,” Obama said in a release. “She brings decades of leadership and expertise from various roles, particularly from her years as a leading economist and academic.”

Dominguez is a professor of public policy and economics at the Gerald R. Ford School of Public Policy and the Department of Economics at the University of Michigan. Her nomination heads to the Senate Banking Committee for approval.

Her bio describes Dominguez as follows:

"Kathryn M. Dominguez is Professor of Public Policy and Economics. Her research interests include topics in international financial markets and macroeconomics. She has written numerous articles on foreign exchange rate behavior and is author of Exchange Rate Efficiency and the Behavior of International Asset Markets and Does Foreign Exchange Intervention Work? (with Jeff Frankel).

She is a Research Associate at the National Bureau of Economic Research and the Federal Reserve Bank of San Francisco. She has also worked as a research consultant for US AID, the Federal Reserve System, the International Monetary Fund, and the World Bank. Kathryn teaches macroeconomics, finance and international economics at the Ford School."

Brandon Hall is a lifelong political nerd from Grand Haven, and is the Managing Editor of West Michigan Politics.
>>>Email him at  


Photo By Darlene Dowling Thompson

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