Committee Members and Biographies

May 2023

Chairman Randall S. Kroszner

Chairman Randall S. Kroszner is the Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business. From 2006 to 2009, he was a member of the Federal Reserve Board of Governors. He chaired the Federal Reserve Board’s committees on Supervision and Regulation and Consumer and Community Affairs. In these capacities, he led the development of responses to the 2008-09 financial crisis and undertook new initiatives to improve consumer protection and disclosure for credit cards and mortgages. He represented the Federal Reserve Board on the Financial Stability Board and the Basel Committee on Banking Supervision, and he chaired the Organization for Economic Cooperation and Development's working party of deputy central bank governors and deputy finance ministers on international macroeconomic policy. From 2001 to 2003, he served in the White House as a member of the Council of Economic Advisers. He currently serves as a member of the Federal Reserve Bank of Chicago’s Academic Advisory Council.

Vice Chair Tamala Longaberger

Vice Chair Tamala Longaberger is the former chief executive of the Longaberger Company, a privately held family firm that specialized in handmade baskets and other home goods. The family sold the company in 2013. Today, she continues to serve as president and a member of the board of the Longaberger Family Foundation. She serves as a board member of the International Republican Institute (IRI), a Washington, DC–based organization dedicated to advancing freedom and democracy worldwide, and she also serves as an international election observer. In 2003, she served as a U.S. delegate to the United Nations Commission on Human Rights. She was appointed by President George W. Bush as the chair of the National Women’s Business Council and served on the board of the Woodrow Wilson International Center for Scholars. Ms. Longaberger earned a bachelor’s degree in business administration from Ohio State University and is the former chair of the Ohio State University Board of Trustees.

Lawrence Goodman

Lawrence Goodman is founder and president of the Center for Financial Stability, a nonpartisan think tank with business lines spanning the future of finance, data and analytics, policy, and technology. He is an economist with expertise in global macro investment strategies, financial crises, and sovereign-debt restructuring. He has advised hedge funds and governments and led research teams on Wall Street and the U.S. Department of the Treasury. At Treasury, he also co-founded and chaired an interagency working group of 13 agencies that advised principals on future financial vulnerabilities. Mr. Goodman is a member of the Export-Import Bank of the United States Advisory Committee. He serves as chairman of the board of The First Alliance Foundation and a member of the advisory board of the Penn Institute for Economic Research (PIER). Previously, he served on the executive committee for the Global Equity Group at Santander Investment and on the board of EMTA (formerly the Emerging Markets Traders Association).

Greg Hopper

Greg Hopper is a Senior Fellow at the Bank Policy Institute. In 2022, he retired from Goldman Sachs, where he previously was head of the Office of New and Emerging Risks (which was focused on climate risk management) and global head of Enterprise Risk Management. In those roles, he oversaw the Sovereign and Economic Risk Group, Firmwide Risk Identification, Firmwide Limits and Risk Appetite, ESG Quantitative Analysis, Firmwide Stress Testing, and the Risk Economics Group. He also led the Comprehensive Capital Analysis and Review process for the Risk Division. He was co-chair of the Firmwide Stress Test Committee and a member of the Firmwide Model Risk Control Committee and the Risk Governance Committee. During his career at Goldman Sachs, he also led a number of quantitative modeling groups, counterparty credit risk management groups, and hedge fund risk management groups. Mr. Hopper joined Goldman Sachs in 2004 as a vice president and was named managing director in 2006. Before joining Goldman Sachs, he was an executive director at Morgan Stanley, where he was also head of the Credit Analytics Group.

Steve Joachim

Steve Joachim is the CEO of SHGB Associates LLC, which offers management consulting and data product services to young companies. He is also chairperson of the Board of Directors for the Global Legal Entity Identifier Foundation (GLEIF) and serves as the CFO of Smart World Productions LLC, the producer of North America's largest conference on smart cities. Before that, he was executive vice president of Transparency Services at the Financial Industry Regulatory Authority (FINRA). Before joining FINRA, from 1997 to 2001, he was the senior vice president, chief strategy officer, and general manager for Plural, a custom interactive software development and strategy firm. In 1983, he began a nearly 15-year stint with Merrill Lynch. Mr. Joachim has been the chairman of the International Forum for Investor Education and has served as a member of the Philadelphia Stock Exchange Board of Governors, the board of directors for Merrill Lynch Specialists Inc., and the board of directors for Wilco Inc. He has also been a member of the Nasdaq Industry Advisory Committee and the American Stock Exchange Upstairs Member Advisory Committee.

Charlie Plosser

Charlie Plosser served as president and CEO of the Federal Reserve Bank of Philadelphia from 2006 to his retirement in 2015. He is currently a visiting fellow at the Hoover Institution at Stanford University and serves as a director on several boards. Prior to joining the Federal Reserve Bank of Philadelphia, he was the John M. Olin Distinguished Professor of Economics and Public Policy and director of the Bradley Policy Research Center at the William E. Simon Graduate School of Business Administration at the University of Rochester, where he also served as dean from 1993 to 2003. His research interests include macroeconomics, monetary theory and policy, econometrics, and finance. He has published articles in major economic journals, and for 20 years, he has served as coeditor with Robert King of the Journal of Monetary Economics. Mr. Plosser has been a visiting scholar at the Bank of England and the Federal Reserve Bank of Minneapolis. He also has served as a research associate at the National Bureau of Economic Research in Cambridge, Massachusetts. In the last decade, he has given more than 100 talks around the world to academics, the business community, and the general public on topics ranging from economics and public policy to management education and forecasting.

John Ryding

John Ryding is chief economist of RDQ Economics LLC, an independent economic research and consulting firm, and also chief economic advisor to Brean Capital LLC, a New York-based full-service broker-dealer. Prior to founding RDQ Economics, he was the chief U.S. economist at Bear Stearns and Co. He started his career in 1980 at the economics department of the Bank of England, where he held various positions, including the head of the Economic Forecasting Group. He was also a senior economist at the Federal Reserve Bank of New York from 1989 to 1991. Mr. Ryding is a graduate of Cambridge University in England. He has been selected to represent the views of financial research economists on macroeconomic issues. He has expertise in U.S. economic and monetary policy and economic forecasting.

Marc Sumerlin

Marc Sumerlin is managing partner at Evenflow Macro, a global macroeconomic consulting firm he founded in 2013. From 2003 to 2012, he served as managing director and cofounder of the Lindsey Group, during which time, he traveled extensively to Japan, China, and Europe and testified before the Congressional Oversight Panel on the origins of the financial crisis. From 2001 to 2002, he served as deputy assistant to the President for economic policy and deputy director of the National Economic Council. In that capacity, he helped President George W. Bush develop and implement his economic agenda. He also worked as an economic policy advisor for the George W. Bush for President campaign, after starting his career at the U.S. Senate Budget Committee. Mr. Sumerlin holds a master's degree in applied economics from Johns Hopkins University and a master's degree in public policy from Duke University, where he was a Senator Jacob Javits Fellow. He graduated magna cum laude from Georgetown University. He serves on the Board of Governors at the Johns Hopkins Wilmer Eye Institute. He has been selected to represent financial regulatory advisors because of his extensive experience managing financial, economic, and political risks and his expertise on the origins of the 2007-09 financial crisis.

Jason Trennert

Jason Trennert is the chairman and CEO of Strategas and its related companies. In addition, as chief investment strategist, he is known as one of Wall Street’s top thought leaders on the subject of markets and economic policy. His research pieces are read by leading institutional investors and corporate executives around the globe. In 2006, he cofounded Strategas, which initially began with just five employees. Today, the firm employs over 50 research analysts, institutional salesmen, and sales traders at its offices in New York and Washington, DC. It has clients in 45 states and 25 foreign countries. Before founding Strategas, he was the chief investment strategist and a senior managing director at the International Strategy & Investment (ISI) Group, where he built and oversaw two of that firm’s most popular research efforts: its Company Surveys and Investment Strategy groups. He is a frequent contributor to The Wall Street Journal editorial pages and has authored three books on investing and the investment business. He is committed to a number of Italian, Italian-American, and Catholic causes in New York and abroad. For his efforts, he was awarded the honorific of Cavaliere by the Republic of Italy on June 2, 2017. Mr. Trennert is a member of the investment committee of the National World War II Museum and the advisory board of Hollow Brook Wealth Management. He has an MBA from The Wharton School at the University of Pennsylvania and a bachelor’s degree in international economics from Georgetown University.