Susan M. Phillips: Difference between revisions
Aboutmovies (talk | contribs) removed Category:People from Richmond, Virginia; added Category:Politicians from Richmond, Virginia using HotCat |
MarginalCost (talk | contribs) substantial changes, most importantly better sourcing and footnotes. Would like to add more on time at GWU, but can't find particularly great sources at the moment |
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[[File:Susan Phillips (13896598810) (cropped).jpg|thumb|upright|Phillips in 1997]] |
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'''Susan M. Phillips''' (born January 23, 1944) is an American economist who served as a Governor of the [[Federal Reserve Board]] and Dean of [[The George Washington University School of Business]]. |
'''Susan M. Phillips''' (born January 23, 1944) is an American economist who served as a Governor of the [[Federal Reserve Board]] and Dean of [[The George Washington University School of Business]]. |
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==Early life and education== |
==Early life and education== |
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Susan Phillips was born January 23, 1944 in [[Richmond, Virginia]]. As part of a military family she spent time in [[Florida]], [[Georgia (U.S. state)|Georgia]], [[Louisiana]] and lived abroad in [[Germany]] and The [[United Kingdom]]. She earned a bachelor's degree in mathematics from [[Agnes Scott College]] in 1967. At [[Louisiana State University]] she studied to receive a master's degree in finance and insurance in 1971, and a [[PhD]] in finance and economics in 1973. |
Susan Phillips was born January 23, 1944 in [[Richmond, Virginia]].<ref name="NNDB">{{cite web |title=Susan M. Phillips |url=https://www.nndb.com/people/506/000128122/ |website=www.nndb.com |publisher=Notable Names Database |accessdate=29 June 2019}}</ref> As part of a military family she spent time in [[Florida]], [[Georgia (U.S. state)|Georgia]], [[Louisiana]] and lived abroad in [[Germany]] and The [[United Kingdom]]. She earned a bachelor's degree in mathematics from [[Agnes Scott College]] in 1967. At [[Louisiana State University]] she studied to receive a master's degree in finance and insurance in 1971, and a [[PhD]] in finance and economics in 1973.<ref name="FedHist">{{cite web |title=Susan M. Phillips {{!}} Federal Reserve History |url=https://www.federalreservehistory.org/people/susan_m_phillips |website=www.federalreservehistory.org |publisher=Federal Reserve History |accessdate=29 June 2019}}</ref> |
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== Academic career == |
== Academic career == |
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After a brief period as an assistant professor at Louisiana State, Phillips became an assistant professor of business administration at the [[University of Iowa]] from 1974 to 1976. After working as an economic policy fellow at the [[Brookings Institution]] in 1976 and 1977 she returned to the University of Iowa in 1978 as an associate professor. |
After a brief period as an assistant professor at Louisiana State, Phillips became an assistant professor of business administration at the [[University of Iowa]] from 1974 to 1976. After working as an economic policy fellow at the [[Brookings Institution]] in 1976 and 1977 she returned to the University of Iowa in 1978 as an associate professor.<ref name="FedHist" /> |
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Phillips went on to lead the University of Iowa's finances. Serving first as acting Associate Vice President for Finance and University Services in 1979, she was confirmed as an Associate Vice President of Finance and University Services in 1980. Her tenure at the University of Iowa was interrupted by her departure to work at the [[Commodity Futures Trading Commission]] in 1981, but she returned as Vice President in 1987 where she continued to work until appointed to the Federal Reserve. |
Phillips went on to lead the University of Iowa's finances. Serving first as acting Associate Vice President for Finance and University Services in 1979, she was confirmed as an Associate Vice President of Finance and University Services in 1980. Her tenure at the University of Iowa was interrupted by her departure to work at the [[Commodity Futures Trading Commission]] in 1981, but she returned as Vice President in 1987 where she continued to work until appointed to the Federal Reserve.<ref name="FedHist" /> |
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== Political Service == |
== Political Service == |
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Phillips was appointed a commissioner on the [[Commodity Futures Trading Commission]] in 1981. When she was appointed chair of the commission in 1983 she became the first female to lead a US financial regulatory agency. She resigned in 1987 to return to the University of Iowa. |
Phillips was appointed a commissioner on the [[Commodity Futures Trading Commission]] in 1981.<ref name="FedHist" /> When she was appointed chair of the commission in 1983 she became the first female to lead a US financial regulatory agency.<ref name="Price">{{cite web |last1=Price |first1=Jennifer |title=Saying Goodbye to Dean Susan Phillips |url=https://gwtoday.gwu.edu/saying-goodbye-dean-susan-phillips |website=GW Today |accessdate=29 June 2019 |language=en |date=April 29, 2010}}</ref> She resigned in 1987 to return to the University of Iowa. |
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In September 1991 Phillips was appointed by President [[George H. W. Bush]] to serve the remainder of [[Martha R. Seger]]'s term as a governor of the [[Federal Reserve Board]].<ref>{{cite news |last1=Nasar |first1=Sylvia |title=BUSINESS PEOPLE; Ex-Head of C.F.T.C. Eager to Begin Fed Job |url=https://www.nytimes.com/1991/11/12/business/business-people-ex-head-of-cftc-eager-to-begin-fed-job.html |accessdate=29 June 2019 |work=The New York Times |date=12 November 1991}}</ref> When she was sworn in on December 2, 1991 she became the third woman to hold that title. Her appointment, along with that of [[Lawrence Lindsey]], was initially seen as key to building support in the [[Federal Open Markets Committee]] for lower interest rates.<ref name="Murray">{{cite news |last1=Murray |first1=Alan |last2=Wessel |first2=David |title=Changing Its Course, The Fed Boldly Tries To Bolster Economy |url=https://www.wsj.com/articles/SB112404146344412619 |accessdate=29 June 2019 |work=Wall Street Journal |date=December 23, 1991}}</ref> Her term ended on June 30, 1998. |
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In 1991 Phillips was appointed by President [[George H. W. Bush]] as a governor of the [[Federal Reserve Board]], the third woman to hold that post. Her term ended on June 30, 1998. |
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== The George Washington University == |
== The George Washington University == |
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After leaving the Federal Reserve in 1998 Susan Phillips became [[Dean (education)|Dean]] of [[The George Washington University School of Business]] in [[Washington, D.C.]] |
After leaving the Federal Reserve in 1998 Susan Phillips became [[Dean (education)|Dean]] of [[The George Washington University School of Business]] in [[Washington, D.C.]] |
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==Reitrement== |
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Phillips retired from George Washington University in June 2010, intending to return to [[Fort Walton Beach, Florida]], where she grew up.<ref name="Price" /> |
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== References == |
== References == |
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{{reflist}} |
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[http://www.federalreservehistory.org/People/DetailView/105 Federal Reserve System Profile] |
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== External Links == |
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[http://gwtoday.gwu.edu/saying-goodbye-dean-susan-phillips "Saying Goodbye to Dean Susan Phillips" - GW Today] |
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*[https://www.federalreserve.gov/aboutthefed/files/susan-m-phillip-interview-20110630.pdf Federal Reserve Board Oral History Project: Interview with Susan M. Phillips] |
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[https://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3752& Interview with the Federal Reserve Bank of Minneapolis] |
*[https://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3752& Interview with the Federal Reserve Bank of Minneapolis] |
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[http://www.nndb.com/people/506/000128122/ Notable Names Database] |
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{{DEFAULTSORT:Phillips, Susan}} |
{{DEFAULTSORT:Phillips, Susan}} |
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[[Category:George Washington University faculty]] |
[[Category:George Washington University faculty]] |
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[[Category:George Washington University deans]] |
[[Category:George Washington University deans]] |
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{{Economist-stub}} |
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Revision as of 18:29, 29 June 2019
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Susan M. Phillips (born January 23, 1944) is an American economist who served as a Governor of the Federal Reserve Board and Dean of The George Washington University School of Business.
Early life and education
Susan Phillips was born January 23, 1944 in Richmond, Virginia.[1] As part of a military family she spent time in Florida, Georgia, Louisiana and lived abroad in Germany and The United Kingdom. She earned a bachelor's degree in mathematics from Agnes Scott College in 1967. At Louisiana State University she studied to receive a master's degree in finance and insurance in 1971, and a PhD in finance and economics in 1973.[2]
Academic career
After a brief period as an assistant professor at Louisiana State, Phillips became an assistant professor of business administration at the University of Iowa from 1974 to 1976. After working as an economic policy fellow at the Brookings Institution in 1976 and 1977 she returned to the University of Iowa in 1978 as an associate professor.[2]
Phillips went on to lead the University of Iowa's finances. Serving first as acting Associate Vice President for Finance and University Services in 1979, she was confirmed as an Associate Vice President of Finance and University Services in 1980. Her tenure at the University of Iowa was interrupted by her departure to work at the Commodity Futures Trading Commission in 1981, but she returned as Vice President in 1987 where she continued to work until appointed to the Federal Reserve.[2]
Political Service
Phillips was appointed a commissioner on the Commodity Futures Trading Commission in 1981.[2] When she was appointed chair of the commission in 1983 she became the first female to lead a US financial regulatory agency.[3] She resigned in 1987 to return to the University of Iowa.
In September 1991 Phillips was appointed by President George H. W. Bush to serve the remainder of Martha R. Seger's term as a governor of the Federal Reserve Board.[4] When she was sworn in on December 2, 1991 she became the third woman to hold that title. Her appointment, along with that of Lawrence Lindsey, was initially seen as key to building support in the Federal Open Markets Committee for lower interest rates.[5] Her term ended on June 30, 1998.
The George Washington University
After leaving the Federal Reserve in 1998 Susan Phillips became Dean of The George Washington University School of Business in Washington, D.C.
Reitrement
Phillips retired from George Washington University in June 2010, intending to return to Fort Walton Beach, Florida, where she grew up.[3]
References
- ^ "Susan M. Phillips". www.nndb.com. Notable Names Database. Retrieved 29 June 2019.
- ^ a b c d "Susan M. Phillips | Federal Reserve History". www.federalreservehistory.org. Federal Reserve History. Retrieved 29 June 2019.
- ^ a b Price, Jennifer (April 29, 2010). "Saying Goodbye to Dean Susan Phillips". GW Today. Retrieved 29 June 2019.
- ^ Nasar, Sylvia (12 November 1991). "BUSINESS PEOPLE; Ex-Head of C.F.T.C. Eager to Begin Fed Job". The New York Times. Retrieved 29 June 2019.
- ^ Murray, Alan; Wessel, David (December 23, 1991). "Changing Its Course, The Fed Boldly Tries To Bolster Economy". Wall Street Journal. Retrieved 29 June 2019.