Former Notre Dame economist Christopher Waller confirmed to Federal Reserve Board | News | Notre Dame News | University of Notre Dame Skip To Content Skip To Navigation Skip To Search University of Notre Dame Notre Dame News Experts ND in the News Subscribe About Us Home Contact Search Menu Home › News › Former Notre Dame economist Christopher Waller confirmed to Federal Reserve Board Former Notre Dame economist Christopher Waller confirmed to Federal Reserve Board Published: December 08, 2020 Author: Carrie Gates Christopher Waller Christopher Waller, the former Gilbert F. Schaefer Professor of Economics at the University of Notre Dame, has been confirmed to the Federal Reserve’s seven-member board of governors in Washington, D.C. Waller, executive vice president and director of research at the St. Louis Federal Reserve Bank, was confirmed by the U.S. Senate on Thursday (Dec. 3) with a vote of 48-47.  “Professor Waller is a nationally recognized macroeconomist who has done pioneering work in monetary theory and political economy — and he was a beloved teacher at Notre Dame,” said James Sullivan, the Gilbert F. Schaefer Professor of Economics. “I was delighted to hear that he was confirmed as a member of the board of governors. It is quite an honor for us to have a former colleague playing such an important role in monetary policy for the country.” Waller will serve on the board until January 2030, where he will help to guide the Federal Reserve's policy actions, forecast the country's future economic direction and participate in monetary policymaking on the Federal Open Market Committee.  An expert on monetary theory, dollarization and the political economy of central banking, Waller was a member of the Notre Dame faculty from 2003 to 2009 — when he was appointed to the St. Louis Federal Reserve Bank. Waller, whose research has been published extensively in top economic journals, was also a research fellow in Notre Dame's Kellogg Institute for International Studies and served as acting chair of Notre Dame’s Department of Economics and Econometrics from 2006 to 2007.  "Teaching at Notre Dame was one of the great joys in my life. I am very proud of my efforts to help rebuild the economics department into a top U.S. research department and I will always feel part of it," Waller said. "From the beginning, the department focused on the importance of economic research for guiding public policy. That philosophy continues to define the department and my appointment as a Fed governor is a reflection of that." He received his doctorate in economics from Washington State University and taught at the University of Kentucky and Indiana University before coming to Notre Dame.  Waller has also served as a visiting scholar at the Federal Reserve Banks of St. Louis and Cleveland, the Federal Reserve Board of Governors, the Central Intelligence Agency and the Economics Education and Research Consortium.  Originally published by Carrie Gates at al.nd.edu on Dec. 4. Posted In: University News Home Experts ND in the News Subscribe About Us Related October 03, 2022 Congresswoman Liz Cheney to speak at Notre Dame on the future of democracy September 22, 2022 In memoriam: Rev. Richard Warner, C.S.C., longtime leader for Notre Dame, Congregation of Holy Cross September 22, 2022 ND Forum keynote event to feature Emmy Award-winning actors in Theater of War Productions’ presentation of ‘The Suppliants’ in Notre Dame Stadium September 21, 2022 In annual address to faculty, Father Jenkins outlines campus-wide vision for elevating excellence September 15, 2022 Lilly Endowment Inc. grant helps to expand Notre Dame pre-college programs for Hoosier high school students For the Media Contact Office of Public Affairs and Communications Notre Dame News 500 Grace Hall Notre Dame, IN 46556 USA Facebook Twitter Instagram YouTube Pinterest © 2022 University of Notre Dame Search Mobile App News Events Visit Accessibility Facebook Twitter Instagram YouTube LinkedIn