Carrie Gates | December 9, 2020
Christopher Waller, the former Gilbert F. Schaefer Professor of Economics at the University of Notre Dame, has been confirmed to the Federal Reserve’s seven-member board of governors in Washington, D.C.
Waller, executive vice president and director of research at the St. Louis Federal Reserve Bank, was confirmed by the U.S. Senate on Thursday (Dec. 3) with a vote of 48-47.
“Professor Waller is a nationally recognized macroeconomist who has done pioneering work in monetary theory and political economy — and he was a beloved teacher at Notre Dame,” said James Sullivan, the Gilbert F. Schaefer Professor of Economics. “I was delighted to hear that he was confirmed as a member of the board of governors. It is quite an honor for us to have a former colleague playing such an important role in monetary policy for the country.”
Waller will serve on the board until January 2030, where he will help to guide the Federal Reserve's policy actions, forecast the country's future economic direction and participate in monetary policymaking on the Federal Open Market Committee.
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