Saying it has been "an honor to be able to serve my country at the Federal Reserve," during a 40-year career as a staff member and board member, Federal Reserve Vice Chairman Donald L. Kohn informed President Obama today that he will retire on June 23.
Federal Reserve Chairman Ben S. Bernanke praised Kohn for having "brought his deep knowledge, experience, and wisdom to bear in helping to coordinate the Federal Reserve's response to the economic and financial crisis."
Kohn began serving on the board in 2002 and his term runs until 2016. His four-year term as vice chairman began in June 2006.
Before joining the board, he served the Federal Reserve System in several staff positions and rose to be adviser to the board for monetary policy.
Kohn, 67, earned his doctorate in economics from the University of Michigan.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
