William Dudley
 William Dudley    ( economist) | |||||||||||||||||||||||||
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| Born | 1953 1953 | ||||||||||||||||||||||||
| Nationality | US | ||||||||||||||||||||||||
| Alma mater | • Williston Northampton School • New College (Florida) • University of California Berkeley | ||||||||||||||||||||||||
| Member of | Council on Foreign Relations/Members A-D, Group of Thirty, Trilateral Commission | ||||||||||||||||||||||||
Goldman Sachs bankster who was selected President of the Federal Reserve Bank of New York and on the board of the Bank for International Settlements 2009-2018. Jackson hole regular. Attended Bilderberg/2022.
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William C. Dudley is an American Goldman Sachs bankster who was selected President of the Federal Reserve Bank of New York and sat on the board of the Bank for International Settlements from 2009 until 2018. He was a Jackson hole regular from 2000 until 2022 the year he also attended the Bilderberg meeting.[1][2]
Education
Dudley attended the Williston Northampton School in Easthampton, Massachusetts. He spent his freshman year at Columbia University and subsequently received a B.A. degree from New College of Florida in 1974, and a PhD in economics from the University of California, Berkeley in 1982.[3][4]
Career
Dudley worked at Goldman Sachs from 1986 to 2007 where he held the position of chief U.S. economist.
In 2007 he was hired by then-president of the New York Federal Reserve Timothy Geithner to oversee the Markets Group, the department in charge of executing monetary policy on behalf of the Federal Open Market Committee.[5][6] When Timothy Geithner became the Secretary of Treasury in 2009, Dudley became the 10th President of the Federal Reserve Bank of New York.
In 2013 he wanted Congress to grant the Central Bank extraordinary new powers to bail out financial speculators in future financial system emergencies, like the bank run that followed Lehman Brothers collapse in September 2008.[7]
[William] Dudley's concern is about a little-noticed piece of the 2010 Dodd-Frank Act that actually reduced the central bank's authority in one crucial area: its ability to provide emergency funding to strapped financial firms.
The Fed arrested the 2008 financial crisis by using this authority to create a series of unprecedented programs that offered emergency financing not just to American banks – its traditional flock – but also to foreign banks, and not just to banks but to other kinds of financial companies as well, and indeed to other kinds of companies entirely.[8]
In 2019, Dudley joined the Griswold Center for Economic Policy Studies at Princeton University as a senior research scholar. He also became Chair of the Bretton Woods Committee. He is a member of the Group of Thirty and the Council on Foreign Relations. He was a member of the Bank for International Settlements Board of Directors from 2009 to 2018 and chaired the BIS Committee on Payment and Settlement Systems (2009-2012) and the Committee on the Global Financial System (2012-2018).
Dudley worked closely with Chairman Bernanke, Chair Yellen, and Chairman Powell as Vice-Chairman of the FOMC during 2009–2018.
Events Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/2022 | 2 June 2022 | 5 June 2022 | US Washington DC Salamander Hotel | The 68th Bilderberg Meeting, held in Washington DC, after an unprecedented two year hiatus during which a lot of the Bilderberg regulars were busy managing COVID-19 |
| Jackson Hole/Meeting/2000 | The 2000 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2002 | The 2002 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2003 | 28 August 2003 | 30 August 2003 | US Wyoming Jackson Hole | The 2003 Jackson Hole Economic Policy Symposium |
| Jackson Hole/Meeting/2004 | The 2004 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2005 | The 2005 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2006 | The 2006 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2007 | The 2007 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2008 | The 2008 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2009 | 20 August 2009 | 22 August 2009 | The 2009 Jackson Hole Economic Policy Symposium | |
| Jackson Hole/Meeting/2011 | 25 August 2011 | 27 August 2011 | US Wyoming | The 2011 Jackson Hole Economic Policy Symposium |
| Jackson Hole/Meeting/2013 | The 2013 Jackson Hole Economic Policy Symposium | |||
| Jackson Hole/Meeting/2016 | 25 August 2016 | 27 August 2016 | The 2016 Jackson Hole Economic Policy Symposium | |
| Jackson Hole/Meeting/2017 | 24 August 2017 | 26 August 2017 | The 2017 Jackson Hole Economic Policy Symposium | |
| Jackson Hole/Meeting/2018 | 23 August 2018 | 25 August 2018 | The 2018 Jackson Hole Economic Policy Symposium | |
| Jackson Hole/Meeting/2021 | 27 August 2021 | 27 August 2021 | 2021 central banker gathering. "What they really are doing is consolidating a global central banker's dictatorship". | |
| Jackson Hole/Meeting/2022 | 25 August 2022 | 27 August 2022 | The 2022 Jackson Hole Economic Policy Symposium |
References
- ↑ http://www.newyorkfed.org/newsevents/news/aboutthefed/2009/oa090127.html
- ↑ http://www.newyorkfed.org/aboutthefed/orgchart/dudley.html
- ↑ https://archive.today/20120731133217/http://uk.reuters.com/article/usPoliticsNews/idUKTRE50Q0ZV20090127?sp=true
- ↑ https://www.federalreservehistory.org/people/william-c-dudley
- ↑ https://www.washingtonpost.com/wp-dyn/content/article/2009/01/26/AR2009012602577.html
- ↑ Creswell, Julie and Ben White (2008-10-19). "The Guys From 'Government Sachs'". New York Times. pp. BU1.
- ↑ https://www.counterpunch.org/2013/02/22/power-grab-at-the-fed/
- ↑ https://economix.blogs.nytimes.com/2013/02/19/a-fed-official-calls-for-new-power/
