November 30th, 2017 1 Minute Read Press Release

Shadow Open Market Committee’s Marvin Goodfriend nominated for Federal Reserve Board of Governors

NEW YORK, NY – The Trump administration on November 29 announced the nomination of Marvin Goodfriend to the Federal Reserve Board of Governors. He is the Friends of Allan Meltzer Professor of Economics at Carnegie Mellon’s Tepper School of Business, teaching macroeconomics, banking, international finance, and economic development.

Goodfriend was previously Senior Vice President with the Federal Reserve Bank of Richmond, regularly attending meetings of the Federal Open Market Committee at the Board of Governors of the Federal Reserve System in Washington, DC.

Goodfriend is a member of the Shadow Open Market Committee, an independent group of economists covering a range of macroeconomic policy, which he joined in 2009. SOMC is a project of the Manhattan Institute’s Economics21.

 

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