Randall Kroszner served as a Governor of the Federal Reserve System from March 2006 until January 2009. During his time as a member of the Federal Reserve Board, he chaired the committee on Supervision and Regulation of Banking Institutions and the committee on Consumer and Community Affairs. He represented the Federal Reserve Board on the Financial Stability Forum and the Basel Committee on Banking Supervision. Dr. Kroszner also serves as the Norman R. Bobins Professor of Economics at the Booth School of Business of the University of Chicago.
Previously, Dr. Kroszner was a member of the President’s Council of Economic Advisers (CEA) from 2001 to 2003. While at the CEA, he was heavily involved in formulating the policy response to corporate governance scandals as well as in advising on a wide range of domestic and international issues, including banking and financial regulation, government-sponsored enterprises, currency crisis management, and sovereign debt restructuring, among many others.
Dr. Kroszner received an Sc.B., magna cum laude, in applied mathematics-economics (honors) from Brown University and an M.A. and Ph.D., both in economics, from Harvard University.