The newest member of the Federal Reserve Board of Governors is Adriana Kugler, a 53-year-old Colombian-American.
She was a professor of public policy at Georgetown University’s McCourt School of Public Policy and formerly chief economist at the Department of Labor. She studied at McGill University in Montreal, then at the University of California at Berkeley, where one of her advisers was George Akerlof, the husband of Janet Yellen.
His research focuses on the labor market, health policy, immigration and economic development.
“An important part of my work focuses on cost-benefit analyses, which inform how best to spend taxpayers’ money on programs that provide the highest return,” she told a hearing. confirmation in the Senate for a role at the World Bank.