Stafford Lecture on Banking: Thomas Hoenig

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Date/Time:Friday, 07 Nov 2014 from 11:00 am to 12:00 pm
Location:1148 Gerdin Business Building
Cost:free
URL:http://www.business.iastate.edu/events/stafford
Contact:Dan Ryan
Phone:515-294-5800
Channel:Ivy College of Business
Categories:Lectures
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"Leveling the Playing Field," Thomas Hoenig, an ISU alumnus and the Vice Chairman of the Federal Deposit Insurance Corporation.

Thomas M. Hoenig was confirmed by the Senate as Vice Chairman of the Federal Deposit Insurance Corporation on Nov. 15, 2012. He joined the FDIC on April 16, 2012, as a member of the FDIC Board of Directors for a six-year term. He is a member of the executive board of the International Association of Deposit Insurers.

Prior to serving on the FDIC board, Mr. Hoenig was the President of the Federal Reserve Bank of Kansas City and a member of the Federal Reserve System's Federal Open Market Committee from 1991 to 2011.

Mr. Hoenig was with the Federal Reserve for 38 years, beginning as an economist and then as a senior officer in banking supervision during the U.S. banking crisis of the 1980s. In 1986, he led the Kansas City Federal Reserve Bank's Division of Bank Supervision and Structure, directing the oversight of more than 1,000 banks and bank holding companies with assets ranging from less than $100 million to $20 billion. He became President of the Kansas City Federal Reserve Bank on October 1, 1991.

Mr. Hoenig is a native of Fort Madison, Iowa. He received an M.S. in 1972 and doctorate in 1974, both in economics, from Iowa State University. He was featured in the ISU Alumni Association's Visions Across America project.