Donald Kohn

Vice Chairman, The Federal Reserve System (2006-2010)

Exclusively WSB

Dr. Donald Kohn served as vice chairman of the Federal Reserve System (2006-2010). He advised Fed Chairman Ben Bernanke throughout the 2008-2009 financial crisis and also served as a key adviser to former Fed Chairman Alan Greenspan. He currently is the Robert S. Kerr senior fellow in the Economic Studies program at the Brookings Institution. He also serves as an external member of the Financial Policy Committee at the Bank of England.

Kohn is a 40-year veteran of the Federal Reserve System. Prior to taking office as a member of the Board of Governors of the Federal Reserve, he was an adviser to the Board for Monetary Policy (2001-02), secretary of the Federal Open Market Committee (1987-2002), director of the Division of Monetary Affairs (1987-2001), and deputy staff director for Monetary and Financial Policy (1983-87). He also held several positions in the Board's Division of Research and Statistics: associate director (1981-83), chief of Capital Markets (1978-81), and economist (1975-78). He has also served as chairman of the Committee on the Global Financial System (CGFS), a central bank panel that monitors and examines broad issues related to financial markets and systems.

Kohn has written extensively on issues related to monetary policy and its implementation by the Federal Reserve. These works were published in volumes issued by various organizations, including the Federal Reserve System, the Bank of England, the Reserve Bank of Australia, the Bank of Japan, the Bank of Korea, the National Bureau of Economic Research, and the Brookings Institution.

He was awarded the Distinguished Achievement Award from The Money Marketeers of New York University (2002), the Distinguished Alumni Award from the College of Wooster (1998), and the Honorary Degree, Doctor of Laws, from the College of Wooster (2006).

Kohn was born in Philadelphia, Pennsylvania. He received a Bachelor of Arts degree in Economics in 1964 from the College of Wooster and a Doctor of Philosophy degree in Economics in 1971 from the University of Michigan. He is married and has two adult children and four grandchildren