You are invited for an exclusive virtual event featuring Tom Hoenig – the infamous Fed Dissenting Voter, former KC Fed President and former Vice Chair of the FDIC. With inflation at a 40-year high and back-to-back interest rate hikes, the Fed seemingly feeling the need to 'catch up' to regain control of inflation and inflation expectations. A rapid-fire pace of aggressive interest-rate heightens the chances of a policy misstep that could be enough to topple the economy into a recession. This is an exclusively virtual event that will be streamed live via the Zoom platform for all registered participants. This webinar qualifies for 1.20 CRC Continuing Education Units.
Hoenig will cover:
- Increasing risk of recession
- Fed actions, monetary policy, successes, failures
- Lessons learned from past inflationary periods, including political influences on the Fed
- National debt, QE and now QT, likely outcomes
- Bernanke's and Powell's Fed
Cost: Members = $10 Non-members = $25
To learn more about RMA membership please visit https://www.rmahq.org/membership-types/ and for questions related to membership please send inquiries to firstname.lastname@example.org
Thomas Hoenig is a Distinguished Senior Fellow at the Mercatus Center at George Mason University. His research focuses on the long-term impact of the politicization of financial services as well as the effects of government granted privileges and market performance.
Prior to joining the Mercatus Center, Mr. Hoenig served as Vice Chairman of the Federal Deposit Insurance Corporation from 2012 until 2018. In that capacity, he oversaw FDIC operations and policy related to deposit insurance pricing, bank supervision, and financial stability and bank resolution. He served as Chair of the FDIC’s Bank Appeals and Audit Committees, and served as Director of NeighborWorks America, which was established by Congress in 1978 to address housing issues nationwide. He also served as a member of the International Association of Deposit Insurers’ board from 2012 to 2017, and as the President and Chairman from October 2015 to October 2017.
Previously, Mr. Hoenig was President and Chief Executive Officer of the Federal Reserve Bank of Kansas City and a member of the Federal Reserve System's Federal Open Market Committee from 1991 to 2011. Mr. Hoenig was with the Federal Reserve for 38 years, beginning as an economist and then as a senior officer in banking supervision. As President and Chief Executive Officer, he led the Federal Reserve Bank of Kansas City during the Great Recession and the banking crisis of 2008 and 2009.
During his time with the Federal Reserve, Mr. Hoenig chaired several key committees including the Conference of Presidents, the Committee on Bank Supervision, Regulation and Legislation, and the Information Technology Oversight Committee. Also, during his tenure, Mr. Hoenig organized and hosted the Federal Reserve Bank of Kansas City’s Jackson Hole economic symposium for global central bankers.
Mr. Hoenig is from Fort Madison, Iowa and received a doctorate in economics from Iowa State University.
This program is sponsored in part by Protiviti – a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration. Protiviti helps you confidently address challenges and opportunities in technology, finance, transformation, business process, risk, compliance, transactions and internal audit. For more information, please visit https://protiviti.com