Jerome H. Powell took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee. Prior to his appointment to the Board, Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C. From 1997 through 2005, Powell was a partner at The Carlyle Group. Powell served as an Assistant Secretary and as Under Secretary of the U.S. Department of the Treasury under President George H.W. Bush. Prior to joining the Bush administration, Mr. Powell worked as a lawyer and investment banker in New York City. He received an AB in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown Law Journal.
Subject: Richard H. Clarida
Subject of Interest
Richard H. Clarida began a four-year term as Vice Chair of the Board of Governors of the Federal Reserve System on September 17, 2018, and took office as Board member to fill an unexpired term ending January 31, 2022. Prior to his appointment to the Board, Dr. Clarida served as the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University, In addition to his academic experience, Dr. Clarida served as the Assistant Secretary of the U.S. Department of the Treasury for Economic Policy from February 2002 until May 2003. Dr. Clarida also served on the Council of Economic Advisers under President Reagan. From 2006 to 2018, Dr. Clarida served as global strategic advisor with PIMCO and was promoted to managing director in 2015. Dr. Clarida is a member of the Council on Foreign Relations. Dr. Clarida received a BS in economics from the University of Illinois.
Subject: Jeremy C. Stein
Subject of Interest
Jeremy C. Stein joined the Board of Governors of the Federal Reserve System on May 30, 2012, to fill an unexpired term ending January 31, 2018. He resigned on May 28, 2014. Stein was born in Chicago. He received his bachelor’s degree in economics from Princeton University (summa cum laude) in 1983 and his doctorate in economics from the Massachusetts Institute of Technology in 1986. Stein was an assistant professor of finance at the Harvard Business School from 1987 to 1990. He then taught finance at the Massachusetts Institute of Technology’s Sloan School of Management. In 2000, he joined the Harvard faculty. From February to July 2009, Stein served in President Barack Obama’s administration as a senior adviser to the Secretary of the Treasury and on the staff of the National Economic Council.
Subject: Stanley Fischer
Subject of Interest
Stanley Fischer took office as a member of the Board of Governors of the Federal Reserve System on May 28, 2014, to fill an unexpired term ending January 31, 2020. He resigned on October 13, 2017. Prior to his appointment to the Board, Dr. Fischer was governor of the Bank of Israel from 2005 through 2013. From February 2002 to April 2005, Dr. Fischer was vice chairman of Citigroup. Dr. Fischer served as the first deputy managing director of the International Monetary Fund until August 2001. From January 1988 to August 1990, he was the chief economist of the World Bank. Dr. Fischer was born in Lusaka, Zambia, in October 1943. He received his BSc and MSc in economics from the London School of Economics. He received his PhD in economics from the Massachusetts Institute of Technology.
Subject: James P. Gorman
Subject of Interest
James P. Gorman is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman and chief executive officer (CEO) of Morgan Stanley. Before joining Morgan Stanley, Mr. Gorman held a succession of executive positions at Merrill Lynch. Prior to this he was a senior partner of McKinsey & Co. and began his career as an attorney in Melbourne, Australia. He also serves as a director of the Council on Foreign Relations and formerly served as president of the Federal Advisory Council to the U.S. Federal Reserve Board, co-chairman of the Partnership for New York City, chairman of the Board of the Securities Industry and Financial Markets Association. Mr. Gorman, who was born in Australia, earned a bachelor of arts degree and a law degree from the University of Melbourne and a master of business administration degree from Columbia University.
Subject: Douglas L. Kennedy
Subject of Interest
Douglas L. Kennedy is a member of the board of directors at the Federal Reserve Bank of New York. He is the president and chief executive officer of Peapack-Gladstone Bank. Kennedy is a graduate of Sacred Heart University in Fairfield, Connecticut with a bachelor’s degree in economics and an MBA in finance. He sits on Sacred Heart’s board of trustees and is also a member of Montclair State University’s board of trustees. Doug serves on the boards of the New Jersey Bankers Association and New Jersey Chamber of Commerce.
Subject: Paul P. Mello
Subject of Interest
Paul P. Mello is a member of the board of directors at the Federal Reserve Bank of New York. He is the president and CEO of Solvay Bank headquartered and operating in Onondaga County, New York. Mr. Mello was appointed to the position in 2002. Before joining the Bank, Mello was a CPA and worked for Coopers & Lybrand in Syracuse from 1989 to 1993. He served as a member of the Community Depository Institutions Advisory Council of the Federal Reserve Bank of New York in 2011. He also served as the Chair of the Independent Bankers Association of New York State for two years. Mello earned a bachelor’s degree in accounting from LeMoyne College in 1989.
Subject: Adena T. Friedman
Subject of Interest
Adena T. Friedman is a member of the board of directors at the Federal Reserve Bank of New York. She assumed the role of president and chief executive officer of Nasdaq in 2017 and is a member of the board of directors. Prior to her appointment as chief executive officer, Friedman served as president and chief operating officer of Nasdaq throughout 2016. Prior to that, she served as chief financial officer and managing director of The Carlyle Group from March 2011 to June 2014, and played a significant role in taking the company public in May 2012. Friedman earned an M.B.A. from Owen Graduate School of Management, Vanderbilt University, in Nashville, Tennessee. She holds a B.A. in political science from Williams College in Massachusetts.
Subject: Glenn H. Hutchins
Subject of Interest
Glenn H. Hutchins is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman of North Island and a co-founder of Silver Lake. He is a director of AT&T and of Virtu Financial, co-chairman of the Brookings Institution and CARE, and the Obama Foundation. He is also a member of the Investment Board of Singapore’s Government Investment Corporation. Previously, Hutchins served President Clinton in both the transition and the White House as a special advisor on economic and health-care policy. He was also previously chairman of the board of SunGard Data Systems, Inc. and Instinet, Inc. and a director of Nasdaq, Inc. He was also a director of Harvard Management Company and co-chairman of Harvard University’s capital campaign. Hutchins holds an A.B. from Harvard College, an M.B.A. from Harvard Business School, and a J.D. from Harvard Law School.
Subject: Charles Phillips
Subject of Interest
Charles Phillips is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman of the Board of Infor, the third largest business software applications company in the world. Prior to Infor, Phillips was president of Oracle Corporation and a member of its board of directors. Before Oracle, Phillips was a managing director at Morgan Stanley in the Technology Group and served on its board of directors. Phillips holds a B.S. in Computer Science from the U.S. Air Force Academy, a J.D. from New York Law School, and an MBA from Hampton University and is a member of the Georgia State Bar Association.
Subject: Vincent Alvarez
Subject of Interest
Vincent Alvarez is a member of the board of directors at the Federal Reserve Bank of New York. He was elected as the New York City Central Labor Council, AFL-CIO’s (NYCCLC) first full-time president in 2011, and was re-elected in 2015. He had previously served as assistant legislative director of the NYS AFL-CIO. From 2007-2009, Alvarez was assistant to the executive director and then chief of staff of the NYCCLC. He is a member of the International Brotherhood of Electrical Workers (IBEW) since 1990, Mr. Alvarez began his career with IBEW Local 3 in Flushing, New York, serving on numerous political campaigns, grassroots initiatives, and negotiating committees. He is a graduate of the State University of New York at Oneonta, where he majored in business economics.
Subject: Denise Scott
Subject of Interest
Denise Scott is the Chair and member of the board of directors at the Federal Reserve Bank of New York. She is executive vice president in charge of Local Initiatives Support Corporation’s (LISC) national and local programs. She served as a White House appointee to the United States Department of Housing and Urban Development (HUD), responsible for the daily operations of HUD’s six New York/New Jersey Regional offices. Prior to that, she served as the managing director/coordinator responsible for launching the Upper Manhattan Empowerment Zone Development Corporation; as the assistant vice president of the New York City Urban Coalition; as deputy director of the New York City Mayor’s Office of Housing Coordination from 1990-1992; and as the director of the New York City Department of Housing and Development’s Harlem Neighborhood Preservation Program office. Scott has a master’s degree in Urban Planning from Columbia University and has taught at its Graduate School of Architecture, Planning, and Preservation as a visiting assistant professor.
Subject: Rosa M. Gil
Subject of Interest
Rosa M. Gil is Deputy Chair and member of the board of directors at the Federal Reserve Bank of New York. She is the founder, president and CEO of Comunilife, Inc. Gil served as a mayor’s health policy advisor. She is the former chairperson of the New York City Health and Hospital Corporation, executive director of Woodhull Medical Center and Metropolitan Hospital, senior vice president of Generation and Northern Manhattan Health Network; senior vice president Mental Hygiene Services at the NYC Health and Hospitals Corporation and executive deputy commissioner for Families and Children Services at the NYC Human Resources Administration. Dr. Gil is the former University Dean for Health Sciences at the City University of New York.
Web: Our Financial Oligarchy; Emperors of a Brave New World
WebOur Financial Oligarchy; Emperors of a Brave New World
They own the regulators; they own the brokerage houses; they own the clearing houses; they own all of your investments; and it’s even been shown that they can exert complete control over the government.
To understand how these banks exert complete control over our financial system, one must first understand the securities clearance system.
In the United States of America, there is only one central clearinghouse: The Depository Trust and Clearing Corporation, and for almost 50 years they have maintained a virtual monopoly over this essential service.
It is a private corporation that is owned by these mega-banks and brokers.
Read full free book online with many illustrations
PDF (470 Pages): Our Financial Oligarchy Back-Up
#UNRIG Video (2:42) EXTRACTS for POTUS — $33 Trillion Takes Down Wall Street Crime
Video
