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Fed Independence and the Divided U.S. Congress

VIDEO March 25, 2022

Speaker / Author

Jeffrey Lacker, Ph.D.

Distinguished Professor of Economics, VCU School of Business

Dr. Lacker joined the faculty of the VCU School of Business this year after serving over 12 years as President and CEO of the Federal Reserve Bank of Richmond, from August 2004 to April 2017. In that role, Lacker participated in meetings of the Federal Open Market Committee, the monetary policy arm of the Federal Reserve, and served four rotations as a voting member. As head of the Richmond Fed, he led an organization of 2,700 employees over several states with responsibilities in bank supervision, electronic payments, economic research and understanding local economic conditions. Prior to being named President, Lacker served ... Read More

Dennis P. Lockhart

Former President and CEO of the Federal Reserve Bank of Atlanta

Dennis Lockhart’s career includes time in the private sector, government, and academia.   In 2017, he stepped down from the position of president and CEO of the Federal Reserve Bank of Atlanta, a position he held for ten years. In this role, Lockhart served on the Federal Reserve’s chief monetary policy body, the Federal Open Market Committee (FOMC).  His tenure spanned the financial crisis, the Great Recession, and several years of recovery. In 2018, he completed a year as a Senior Fellow in the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School.  He is currently a Distinguished Professor-of-the-practice in ... Read More

Charles I. Plosser, Ph.D.

Board Member, FINRA and Former President and CEO, Federal Reserve Bank of Philadelphia

Dr. Charles Plosser was president and chief executive officer of the Federal Reserve Bank of Philadelphia. In this role, he participated on the Federal Reserve System's Federal Open Market Committee, which is responsible for conducting our nation's monetary policy. He currently serves on the FINRA Board of Governors. Dr. Plosser joined the Philadelphia Federal Reserve Bank in 2006. During his term, he and his colleagues faced the challenges of a global financial crisis followed by a severe recession. The Federal Reserve took unprecedented actions, in both monetary policy and in its lending operations, that helped mitigate the effects of the financial crisis and ... Read More

Peter A. Gold, Esq.

Principal, TheGoldGroup LLC

Peter A. Gold, Esquire is the founder and president of TheGoldGroup, LLC ( www.thegoldgrp.com). The consultancy brings businesses, colleges and universities, governments and not-for-profits together to create value, seize new opportunities, leverage assets, and reduce exposure to the risks created by today’s global economy principally through identifying “high value” initiatives and stakeholders in new institutes, centers of excellence and other initiatives. TheGoldGroup, LLC assists its clients to obtain their individual objectives better, quicker and in a more cost effective and efficient manner. Representative projects for clients located in Arizona, Pennsylvania, New Jersey, Ohio and Geneva, Switzerland include creating a road map ... Read More

Michael McKee

International Economics and Politics Correspondent, Bloomberg Radio/TV

Michael McKee is the International Economics and Policy Correspondent for Bloomberg TV and Radio, covering market and political developments, economic trends and central banks in the United States and around the globe. He was formerly co-host of Bloomberg Radio's daily "Surveillance" program, and the weekly political program "Bloomberg View."  McKee covered Congress, the White House, the Federal Reserve and the Treasury Department for Bloomberg News, and has written for Bloomberg Markets, Bloomberg Businessweek, and Bloomberg.com.  He's been a regular at many international economic gatherings, including meetings of the G-7, the World Bank and IMF, APEC, and the World Economic Forum in Davos. Prior ... Read More