The Past, Present, and Future of the Federal Reserve System

Panelists Rep. Jim Himes, House Financial Services Committee; Susan Phillips, former governor, Federal Reserve Board of Governors, former chairman, Commodity Futures Trading Commission, professor emeritus, GW School of Business; Al Broaddus, former president, Federal Reserve Bank of Richmond; and Professor Sarah Binder, GW Department of Political Science.

C-LEAF presented the first of a series of symposiums on the Federal Reserve and the nation’s banking system.

The event, which brought together distinguished participants from academia, government, industry, and the press, covered the Fed’s role in setting monetary policy, its influence in the global markets and the economy, and its role as primary supervisor and regulator of the nation’s largest banks and financial institutions. 

A highlight of the program was an interview conducted by David Wessel, economics editor of the Wall Street Journal, with Donald L. Kohn, former vice chairman of the Board of Governors of the Federal Reserve System (2006–2010), senior fellow at the Brookings Institution, and member of the Bank of England’s Financial Policy Committee.