Dr. Kroszner served as a Governor of the Federal Reserve System from March 2006 to January 2009. During his time as a member of the Federal Reserve Board, he chaired the Committee on Supervision and Regulation of Banking Institutions and the Committee on Consumer and Community Affairs. He represented the Federal Reserve Board on the Financial Stability Forum and the Basel Committee on Banking Supervision.
Dr. Kroszner currently serves as the Deputy Dean for Executive Programs and the Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business. Dr. Kroszner also serves as the Chair of the Financial Research Advisory Committee of the Office of Financial Research of the U.S. Treasury. He is a member of the Federal Reserve Bank of Chicago’s Academic Advisory Council and serves on the board of advisors of the Paulson Institute.
Previously, Dr. Kroszner was a member of the President’s Council of Economic Advisers from 2001 to 2003. While at the CEA, he was heavily involved in formulating the policy response to corporate governance scandals as well as in advising on a wide range of domestic and international issues, including banking and financial regulation, government-sponsored enterprises, currency crisis management, and sovereign debt restructuring, among other issues.
Dr. Kroszner received his Ph.D. and his M.A., both in economics, from Harvard University, and his Sc.B. in applied mathematics-economics (honors), magna cum laude, from Brown University.