Bush names Mishkin to Federal Reserve board

0 Comments | AFP, June, 2006

WASHINGTON (AFP) — US President George W. Bush has named Frederic Mishkin, a Columbia University professor, to the Federal Reserve's board of governors, the White House said.

Mishkin, 55, is the Alfred Lerner professor of banking and financial institutions at Columbia's Graduate School of Business in New York. He currently serves on the economic advisory panel of the Federal Reserve Bank of New York, according to his biography.

Mishkin co-authored, with Fed chairman Ben Bernanke and others, "Inflation Targeting: Lessons from the International Experience", published by Princeton University in 1999.

The US government said Bush had tapped Mishkin for the remainder of a 14-year term expiring January 31, 2014.

The brief White House statement did not say...