Frederic S. Mishkin, became a member of the Board of Governors of the Federal Reserve System on September 5, 2006. Before becoming a member of the Board, Dr. Mishkin served the Federal Reserve System in several roles. In addition, Dr. Mishkin was the Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University, from 1999 to 2006. Prior to that, he was the A. Barton Hepburn Professor of Economics from 1991 to 1999

and professor at the Graduate School of Business from 1983 to 1991. He was also a research associate at the National Bureau of Economic Research (1980 to 2006) and a senior fellow at the Federal Deposit Insurance Corporation's Center for Banking Research (2003 to 2006).

Dr. Mishkin's research focuses on monetary policy and its impact on financial markets and the aggregate economy. He is the author of more than fifteen books and has published numerous articles in professional journals and books. Dr. Mishkin has been a consultant to the World Bank, the Inter-American Development Bank, and the International Monetary Fund, as well as to numerous central banks throughout the world.

Dr. Mishkin received a B.S. and Ph.D., both in economics, from the Massachusetts Institute of Technology. In 1999, he received an honorary professorship from the Peoples (Renmin) University of China.