Speaker Biographies
Dan Awrey is the Beth and Marc Goldberg Professor of Law at Cornell Law School. Awrey's teaching and research interests reside in the field of financial regulation, including the regulation of banks, investment funds, derivatives markets, payment systems, and financial market infrastructure. Awrey has undertaken research and provided advice at the request of organizations including the Bank for International Settlements, the US Treasury Department, the Federal Reserve Board, the President's Working Group on Financial Markets, Her Majesty's Treasury, the UK Financial Conduct Authority, Commonwealth Secretariat, Canadian Department of Finance, and European Securities and Markets Authority. His research has been featured in publications including the Yale Law Journal, New York University Law Review, Georgetown Law Journal, Duke Law Journal, Cornell Law Review, Yale Journal on Regulation, Harvard Business Law Review, and the Journal of Comparative Economics. He is a coauthor of one of the leading textbooks on financial regulation, Principles of Financial Regulation, published by Oxford University Press. He is also a founding co-managing editor of the Journal of Financial Regulation. His latest book, Beyond Banks: Technology, Regulation, and the Future of Money, was published by Princeton University Press in October 2024.
Scott Bauguess is vice president of global regulatory policy at Coinbase, a position responsible for consultations with regulatory authorities that oversee the banking and financial market sectors worldwide, including global standard setting organizations. He previously served as deputy director of the Division of Economic and Risk Analysis at the US Securities and Exchange Commission, where he supervised economic analyses of recommendations to enact federal rules related to capital raising, investment management, broker dealers, market structure, and derivative securities. Bauguess most recently was a member of the finance faculty in the McCombs School of Business at the University of Texas and held a teaching appointment in the University of Michigan Law School. He received a BSc in electrical engineering from the University of Illinois and an MSc in electrical engineering and a PhD in finance from Arizona State University.
Francesca Carapella is a principal economist with the Federal Reserve Board in the Financial Stability Research Division. Since joining the Board in 2009, Carapella has worked in the Payment Systems Studies section and with the Monetary Affairs Division, conducting research on topics related to central clearing, macroeconomic and monetary theory, banking and financial institutions, central bank digital currency, stablecoins, and tokenization. She was an assistant professor at the Einaudi Institute for Economics and Finance. Carapella has been also an adjunct professor at Georgetown University, Carnegie Mellon University, the University of Bern, and LUISS University. Carapella received her PhD in economics from the University of Minnesota.
Stephen G. Cecchetti is Rosen Family Chair in International Finance at the Brandeis International Business School, research associate at the National Bureau of Economic Research, research fellow at the Center for Economic and Policy Research, and vice chair of the Advisory Scientific Committee of the European Systemic Risk Board. Before rejoining Brandeis in January 2014, he completed a five-year term as economic adviser and head of the Monetary and Economic Department at the Bank for International Settlements (BIS) in Basel, Switzerland. During his time at the BIS, Cecchetti participated in numerous postcrisis global regulatory reform initiatives, including involvement with both the Basel Committee on Banking Supervision and the Financial Stability Board in establishing new international standards. Cecchetti's academic appointments include being on the faculties of the Stern School of Business at New York University (1982–87) the Department of Economics at The Ohio State University (1987–2003). In addition to these appointments, he has served as executive vice president and director of research at the Federal Reserve Bank of New York (1997–99) and editor of the Journal of Money, Credit, and Banking (1992–2001). In 2016, he received an honorary doctorate in economics from the University of Basel.
Charles L. Evans is a former president and chief executive officer of the Federal Reserve Bank of Chicago. He became president in September 2007 and served for 15 years. As a member of the Federal Open Market Committee, he routinely discussed the benefits of transparent communications regarding the key drivers of monetary policy decision making. His strong advocacy of monetary policy forward guidance in 2011–12 facilitated the Committee's adoption of threshold forward guidance in December 2012. His leadership contributions also supported more explicit Committee projections for future policy rates and enhancements to the long-run strategy of the Committee for making monetary policy. He was previously Director of Research. Evans is a member of the Board of Trustees of Carnegie Mellon University, a director of the Chicago Council on Global Affairs, and an advisory trustee at Rush University Medical Center. Evans taught at the University of Chicago, the University of Michigan, and the University of South Carolina. He received a bachelor's degree in economics from the University of Virginia and a doctorate in economics from Carnegie Mellon University in Pittsburgh.
Thierry Foucault is professor of finance at HEC Paris, where he holds a chair from the HEC Foundation, and a research fellow of the Centre for Economic Policy. His research focuses on the determinants of financial markets liquidity, the production of information in these markets, their industrial organization, and their effect on the real economy. He has published in leading scholarly journals such as Journal of Finance, Review of Financial Studies, and Journal of Financial Economics. In 2021, he received a grant from the European Research Council to work on the effects of AI and big data on information production in financial markets. He has received research awards from the Louis Bachelier Institute, the HEC Foundation, and the Analysis Group award for the best paper on Financial Markets and Institutions presented at the 2009 Western Finance Association meetings. He serves or served on the scientific committees of the Autorité des Marchés Financiers, the Norges Bank Academic Program, the Research Foundation of the Banque de France, and the Group of Economic Advisors of the Committee of Economic and Markets Analysis of the European Securities and Markets Authority. Foucault was a member the executive committee of the European Finance Association and is currently co-managing editor of the Journal of Financial and Quantitative Analysis and an associate editor of the Journal of Economic Theory. He is former associate editor of the Journal of Finance and the Review of Financial Studies. He also served as coeditor of the Review of Finance from 2009 to 2013 and the Review of Asset Pricing Studies. He coauthored Market Liquidity: Theory, Evidence and Policy, a textbook on market liquidity published by Oxford University Press in 2023.
Linda Goldberg is a financial research adviser in financial intermediation at the Federal Reserve Bank of New York, following previous roles including senior vice president, head of global economic analysis, and head of the international research function. She is also a member of the Research Group's Promotion and Recognition Committee (and previously was the chair of the Senior Recruiting Committee). Goldberg's main areas of expertise are global banking, international capital flows, and the international roles of currencies. She leads various interdisciplinary teams and represents the Federal Reserve Bank of New York at the Bank for International Settlements (BIS) Committee on the Global Financial System. In addition to cochairing the International Banking Research Network, Goldberg is a BIS Technical Advisor, a CEPR Distinguished Fellow, and an NBER Research Associate, and she leads the Americas chapter of the Central Banking Economic Research Association. Goldberg also has held a range of journal roles, including as coeditor of the International Journal of Central Banking, on editorial boards of the Journal of Financial Intermediation and the Journal of Financial Services Research, and editor of special issues for multiple journals. She is active in the Association of Princeton Graduate Alumni, including serving as president and vice president. Goldberg previously engaged with the World Economic Forum, including as chair and vice chair of the Council on Global Economic Imbalances. She holds a PhD in economics from Princeton University and a BA in mathematics and economics from Queens College CUNY, where she graduated phi beta kappa and summa cum laude.
Gita Gopinath is the Gregory and Ania Coffey Professor of Economics at Harvard University. Her research focuses on international finance and macroeconomics. Previously, she was the first deputy managing director and chief economist of the International Monetary Fund. Gopinath is an elected fellow of the American Academy of Arts and Sciences and the Econometric Society and a member of the Group of Thirty. She has previously served as codirector of the international finance and macroeconomics program at the National Bureau of Economic Research. She is a member of the economic advisory panel of the Federal Reserve Bank of New York and a visiting scholar at the Federal Reserve Bank of Boston. She is the coeditor of the current Handbook of International Economics and was earlier the coeditor of the American Economic Review and managing editor of the Review of Economic Studies. Gopinath received her PhD in economics from Princeton University in 2001 after earning a bachelor's degree from Lady Shri Ram College and master's degrees from the Delhi School of Economics and the University of Washington.
Randall S. Kroszner is the Norman R. Bobins Professor of Economics at the Booth School of Business of the University of Chicago and was deputy dean for executive programs from 2018 to 2022. From 2006 to 2009, Kroszner served as a governor of the Federal Reserve System, where he took a leading role in developing responses to the financial crisis and new initiatives to improve consumer protection and disclosure for credit cards and mortgages. He represented the Fed at the Basel Committee on Banking Supervision and the predecessor to the Financial Stability Board. From 2001 to 2003, he served as a member of the president's Council of Economic Advisers. In 2023, Kroszner was appointed as an external member of the Bank of England's Financial Policy Committee, which monitors and takes actions to reduce financial systemic risks. In 2024, he became an external member of the Bank's Financial Markets Infrastructure Committee, which oversees payments systems, central counterparties, and other financial infrastructure. In addition, he chairs the Federal Research Advisory Committee to the US Treasury's Office of Financial Research and is a member of the Federal Reserve Bank of Chicago's Academic Advisory Council. Kroszner is also a research associate at the National Bureau of Economic Research. He has more than 100 publications, ranging from monetary policy to financial innovation and regulation, including his book with Nobel laureate Robert J.Shiller, Reforming U.S. Financial Markets: Before and Beyond Dodd-Frank. His paper on corporate ownership won the Brattle Prize for best corporate finance paper from the Journal of Finance. Kroszner is a frequent media commentator and has advised financial institutions, start-ups, governments, and central banks throughout the world. He received a ScB from Brown University and a PhD from Harvard University.
Robin Lumsdaine is currently Crown Prince of Bahrain Professor in International Finance in the Finance and Real Estate Department at the Kogod School of Business at American University and a member of the Advisory Scientific Committee of the European Systemic Risk Board. She was previously an Associate Director in the Division of Banking Supervision and Regulation and Head of the Quantitative Risk Management Group at the Board of Governors of the Federal Reserve System. Before joining the Board, Lumsdaine was a director in the Global Markets Research Division of Deutsche Bank, where she served as the global inflation-linked bond strategist. She has also held positions as professor of economics at Brown University, senior economist at the President's Council of Economic Advisers, and assistant professor at Princeton University.
Andréa M Maechler became deputy general manager of the Bank for International Settlements on September 1, 2023. Maechler was a member of the governing board of the Swiss National Bank (SNB) from 2015 until 2023. At the SNB, she was responsible for the money market and foreign exchange, asset management, banking operations and information technology portfolios. Prior to joining the SNB, Maechler was deputy division chief in the Global Markets Analysis Division of the International Monetary Fund. She has worked at other international organizations, including the European Systemic Risk Board and the Organisation for Economic Co-operation and Development. She was chair of the Global Foreign Exchange Committee of central banks from December 2021 to June 2023. Maechler has a PhD and a master's degree in international economics from the University of California, Santa Cruz and a diploma of higher studies in international relations from the Graduate Institute of International Studies in Geneva, Switzerland.
Kingsley Obiora is a former deputy governor at the Central Bank of Nigeria. His foundational training in econometric modeling, finance, and central banking is underscored by his courses and certifications from the International Monetary Fund (IMF) Institute, the Federal Reserve Bank of New York, the Chartered Accountants of Nigeria, and George Washington University. Between 2020 and 2023, Obiora served as deputy governor (economic policy) at the Central Bank of Nigeria. In this role, he contributed to advancing Nigeria's monetary and financial policies. He directed the operations of key departments including research, trade, statistics, and risk management while supervising more than 1,000 staff members, including more than 100 economists. Obiora has served as alternate executive director at the IMF as well as board chairman of organizations including the African Finance Corporation, FMDQ Group, NEXIM Bank, and NIRSAL Microfinance Bank. Obiora holds a PhD in economics with a specialization in monetary and international economics from the University of Ibadan. He also earned executive certifications from Harvard University's Kennedy School of Government and the London School of Economics.
Roberto Perli is the manager of the System Open Market Account (SOMA) and a senior leader in the New York Fed's Markets Group. In his role, Perli is responsible for implementing monetary policy at the direction of the Federal Open Market Committee (FOMC). Perli has more than 20 years of financial services experience related to both monetary policy and financial markets. His selection as SOMA manager was approved by the FOMC in February 2023, and he started in the role shortly thereafter. Before joining the New York Fed, Perli was most recently head of global policy at Piper Sandler. Previously, he cofounded Cornerstone Macro, was a managing director at International Strategy and Investment Group, and served on the senior monetary policy staff of the Board of Governors of the Federal Reserve System. Perli started his career as an assistant professor of economics at the University of Pennsylvania. Perli first studied economics at Università Ca' Foscari in Venice, Italy, and received his PhD in economics from New York University.
John Schindler joined the Financial Stability Board (FSB) as its secretary general in February 2023. Prior to that, Schindler spent more than 20 years at the Federal Reserve Board (FRB), most recently as a senior associate director in the FRB's Division of Financial Stability. In that role, he helped set strategic direction for the division as part of the senior leadership team. During the Global Financial Crisis, he was seconded to the US Treasury Department as chief international economist, and from 2015 to 2016, he was seconded to the FSB Secretariat. Schindler also taught classes at Johns Hopkins University for more than 15 years and published research on a variety of topics in both economic and finance journals. He holds a PhD in economics from the University of Pennsylvania and a bachelor's degree in economics and mathematics from Washington and Lee University.
Gregor Schubert is an assistant professor of finance at the UCLA Anderson School of Management. His research focuses on new technologies, including generative AI and robotics and their impact on firms, labor markets, and the economy. He also develops new AI-based tools and methodologies for research in finance and economics, and he studies housing markets and real estate technology. Schubert has developed and taught multiple courses for managers on how to successfully deploy artificial intelligence and machine learning in organizations and how to manage organizational change in response to technology shocks. Prior to entering academia, he worked as a strategy consultant at the Boston Consulting Group on projects implementing data analytics, surveys, and technology transformations at large corporations. He also provides consulting for companies on data and technology implementations and real estate valuations. Schubert holds a PhD in business economics from Harvard University.
Jeremy C. Stein is the Moise Y. Safra Professor of Economics at Harvard University. Stein's research has covered topics including behavioral finance and market efficiency, corporate investment and financing decisions, risk management, capital allocation inside firms, banking, financial regulation, and monetary policy. Stein is a fellow of the American Academy of Arts and Sciences, a research associate at the National Bureau of Economic Research, a member of the Bellagio Group, and a past member of the Federal Reserve Bank of New York's Financial Advisory Roundtable. He was an assistant professor of finance at the Harvard Business School from 1987 to 1990. Before coming to Harvard in 2000, Stein was on the finance faculty of M.I.T.'s Sloan School of Management for 10 years, most recently as the J.C. Penney Professor of Management. In 2008, he was president of the American Finance Association. In 2009, he served as a senior adviser to the Treasury secretary and was on staff at the National Economic Council. From May 2012 to May 2014, he was a member of the Board of Governors of the Federal Reserve System. From 2018 to 2021, he was chair of Harvard's economics department, and from 2015 to 2024 he was on the board of directors of the Harvard Management Company. He received his AB in economics summa cum laude from Princeton University in 1983 and his PhD in economics from M.I.T. in 1986.
Gillian Tett was elected to serve as provost to King's College, Cambridge, in 2023. Gillian also writes weekly columns covering economic, financial, political, and social issues for the US Financial Times and is the cofounder of FT Moral Money, a newsletter that tracks the environmental, social, and governance revolution in business and finance. From 2013 to 2019, Tett was the Financial Times's US managing editor, also serving as assistant editor for the Financial Times's markets coverage, capital markets editor, deputy editor of the Lex column, Tokyo bureau chief and correspondent, London-based economics reporter, and a reporter in Russia and Brussels. Tett received a PhD in social anthropology from Cambridge, and in 2024 she was awarded an Order of the British Empire for her services to journalism.
David Wessel is a senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, the mission of which is to improve the quality of fiscal and monetary policies and public understanding of them. He joined Brookings in December 2013 after 30 years on the staff of the Wall Street Journal where, most recently, he was economics editor and wrote the weekly Capital column. He appears frequently on NPR's Morning Edition and tweets often at @davidmwessel. Wessel is the author of two New York Times bestsellers: In Fed We Trust: Ben Bernanke's War on the Great Panic (2009) and Red Ink: Inside the High Stakes Politics of the Federal Budget (2012). His most recent book is Only the Rich Can Play: How Washington Works in the New Gilded Age (2021), the story of Opportunity Zones. He has shared two Pulitzer Prizes, one in 1984 for a Boston Globe series on the persistence of racism in Boston and the other in 2003 for Wall Street Journal stories on corporate scandals. Wessel is a member of the US Bureau of Labor Statistics's Data Users Advisory Committee. He also has taught in the Dartmouth Tuck School of Business Global 2030 executive education program and in the journalism program at Princeton University. A native of New Haven, Connecticut, and a product of its public schools, Wessel is a 1975 graduate of Haverford College. He was a Knight-Bagehot Fellow in business and economics journalism at Columbia University in 1980–81.