| William C. Dudley | |
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| Incumbent | |
| Assumed office January 27, 2009 |
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| Preceded by | Timothy F. Geithner |
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| Political party | Democratic |
| Spouse(s) | Ann E. Darby |
| Alma mater | New College, University of California, Berkeley |
| Occupation | economist |
William C. Dudley (born circa 1952) is the president of New York branch of the Federal Reserve Bank, and in that role, serves as the vice-chairman of the Federal Open Market Committee.[1][2] He was appointed to the position on January 27, 2009, following the confirmation of his predecessor, Timothy F. Geithner, as United States Secretary of the Treasury.
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Career
Dudley worked at Goldman Sachs from 1986 to 2007, holding the position of chief economist for ten years before he was hired by then-president of the New York Federal Reserve Timothy Geithner to oversee the department in charge of buying and selling government securities.[3][4]
Education
Dudley earned a B.A. degree from New College in 1974, and a PhD in economics from Berkeley in 1982.[2][5]
Economic views
In 2002, Dudley wrote that the Federal Reserve should have "tightened policy earlier and more aggressively during the 1996-1999 period", with the hope that the downward forces would not have been so intense after the collapse of the stock market that began in 2000.[6]
References
- ^ "New York Fed Names William C. Dudley President". 2009-01-27. http://www.newyorkfed.org/newsevents/news/aboutthefed/2009/oa090127.html. Retrieved 2009-01-27.
- ^ a b "William C. Dudley". Federal Reserve Bank. January 2009. http://www.newyorkfed.org/aboutthefed/orgchart/dudley.html. Retrieved 2009-01-27.
- ^ Neil Irwin (2009-01-27). "Dudley Will Replace Geithner at New York Fed". Washington Post. http://www.washingtonpost.com/wp-dyn/content/article/2009/01/26/AR2009012602577.html. Retrieved 2009-01-27.
- ^ Creswell, Julie and Ben White (2008-10-19). "The Guys From 'Government Sachs'". New York Times. pp. BU1.
- ^ Kristina Cooke (2009-01-27). "Dudley to succeed Geithner to head New York Fed". Reuters. http://uk.reuters.com/article/usPoliticsNews/idUKTRE50Q0ZV20090127?sp=true. Retrieved 2009-01-27.
- ^ William C. Dudley (2002-07-22). Economic beat: Bubble trouble for the Federal Reserve. 82. Barron's. pp. 26.
Further reading
- Dudley Brings Crisis Experience to New York Fed Job, Bloomberg, 27 Jan 2009.
| Civic offices | ||
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| Preceded by Timothy F. Geithner |
President of the Federal Reserve Bank of New York 2009 - |
Succeeded by incumbent |
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