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Federal Reserve Board member speaks at Drake

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Susan Schmidt Bies

Susan Schmidt Bies, a member of the Board of Governors of the Federal Reserve System, gave the 20th annual Drake-FEI lecture earlier this month.

The lecture, titled “The Economic Outlook,” drew national media attention. Top business news agencies such as Bloomberg and Reuters carried live feeds of the talk.

Before joining the Board of Governors, Dr. Bies served as executive vice president for risk management and auditor at First Tennessee National Corp. in Memphis, Tenn. She holds an M.A. and Ph.D. in economics from Northwestern University and has been a fellow at the Federal Reserve Bank of Chicago and the Northwestern University Center for Urban Affairs.

The Drake – FEI Lecture is an annual event co-hosted by the Iowa Chapter of the Financial Executives International and Drake University’s School of Accounting, which is part of the College of Business and Public Administration.

FEI is a professional association of more than 15,000 senior financial executives from 91 chapters and some 8,000 major companies throughout the United States and Canada. It is the leading advocate for corporate financial management.