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Past President of Minneapolis Fed to Give H. Parker Willis Lecture

Gary H. Stern, past president and CEO of the Federal Reserve Bank of Minneapolis, Minn., will give the H. Parker Willis Lecture at Washington and Lee University on Tuesday, Oct. 25, at 5 p.m. in the Stackhouse Theater, Elrod Commons.

The title of the talk, which is free and open to the public, is “Challenges for Economic Policy: 2012 and Beyond.”

Stern is chairman of the board of directors of the National Council on Economic Education and of the Northwest Area Foundation, and he serves on the board of trustees of Hamline University and of the Minneapolis College of Art and Design. He also serves on the board of the Carlson School of Management at the University of Minnesota, and he is the treasurer of the Minneapolis Club.

In 2004, Stern co-authored with Ron J. Feldman, Minneapolis Federal Reserve senior vice president, “Too Big to Fail – The Hazards of Bank Bailouts,” published by the Brookings Institution in 2004. The foreword was written by Paul A. Volcker, past chairman of the Federal Reserve.

Stern served as president of the Minneapolis Fed from March 1985-August 2009, joining the bank in 1982 as senior vice president and director of research. Prior experience included seven years at the Federal Reserve Bank of New York.

The H. Parker Willis Lecture series, started by John M. Gunn ’45, emeritus professor of economics at W&L, was named to honor the first dean of the School of Commerce at W&L, H. Parker Willis (1874-1937).

The previous series’ lecturers have been Dr. Roger W. Ferguson Jr., a member of the board of governors of the Federal Reserve System; Dr. Robert McTeer, chancellor of the Texas A&M University System; Dr. Ben S. Bernanke, chairman of the Board of Governors of the United States Federal Reserve; Dr. Marvin Goodfriend, professor of economics at Carnegie Mellon’s Tepper School of Business; and J. Alfred Broadus, past president of the Federal Reserve Bank of Richmond, Va.

News Contact:
Julie Cline
News Writer