Christopher Waller

Christopher J. Waller is executive vice president and director of research at the Federal Reserve Bank of St. Louis. In July 2019, President Donald Trump tweeted his intent to nominate Waller and Judy Shelton to serve on the Federal Reserve Board of Governors.[1][2][3][4][5]

Chris Waller
Personal details
Born1959 (age 60–61)
Political partyRepublican
EducationBemidji State University (BS)
Washington State University, Pullman (MA, PhD)

In Senate Banking Committee hearings in February 2020, Republican and Democratic senators indicated no concerns about Waller but raised objections to Shelton.[6]

Career in economics

Waller joined the Federal Reserve Bank of St. Louis in 2009. Previously, he taught economics at the University of Notre Dame and the University of Kentucky.[7]

He is known as a "dove" favoring low interest rates.[8] He has argued that the Fed should not raise rates at a time (such as in 2019-20) when inflation is low and people's savings are high.[9][10]

See also

References
  1. Smialek, Jeanna (2019-07-02). "Trump Taps Two Fed Nominees, One Conventional, the Other Not". The New York Times. ISSN 0362-4331. Retrieved 2019-07-03.
  2. Guida, Victoria. "Trump taps 2 for Fed board, risking new clash with Congress". POLITICO. Retrieved 2019-07-03.
  3. Harrison, Paul Kiernan and David. "Christopher Waller, Judy Shelton Are Trump's Latest Picks for Fed Board". WSJ. Retrieved 2019-07-03.
  4. Long, Heather (2019-11-21). "Trump's Fed nominee Judy Shelton recently questioned the need for an independent central bank". Washington Post. Retrieved 2019-12-28.
  5. "PN1423 — Christopher Waller — Federal Reserve System". Library of Congress. January 28, 2020. Retrieved March 6, 2020.
  6. Chaney, Nick Timiraos and Sarah (2020-02-14). "Path to Confirmation Dims for Fed Nominee After Republican Objections". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-02-22.
  7. Newburger, Emma (2019-07-02). "Trump to nominate Judy Shelton, Christopher Waller to the Federal Reserve". CNBC. Retrieved 2019-07-04.
  8. Miller, Josh Wingrove, Rich. "Trump's latest Fed choices are a longtime monetary dove and a onetime gold bug". latimes.com. Retrieved 2019-07-04.
  9. "St. Louis Fed's Waller Joins Bullard in a Dovish Duo at the Fed". 2019-07-03. Retrieved 2019-07-04.
  10. "Two Fed nominees likely to support Trump push for easier rate policy". American Banker. Retrieved 2019-07-04.



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