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About the Speech:
In his address, Under Secretary Sheets discussed the ongoing work by governments, regulators, and international institutions to enact regulatory reforms that serve to increase the stability and sustainability of the global financial system in the wake of the global financial crisis.
About the Speaker:
Under Secretary Sheets was confirmed by the U.S. Senate in September 2014 as the Under Secretary for International Affairs at the U.S Department of the Treasury. In this position, he serves as the senior official responsible for advising the Secretary of the Treasury on international economic issues.
Prior to joining the Department of the Treasury, Mr. Sheets worked as Global Head of International Economics at Citigroup. Mr. Sheets worked previously at the Federal Reserve Board for 18 years in a variety of positions. From September 2007 to August 2011, he served as Director of the Board’s Division of International Finance and as an Economist to the Federal Open Market Committee (FOMC). He advised the Committee on developments in foreign economies, as well as on the outlook for U.S. trade, the dollar, and global commodity prices.
Mr. Sheets received his B.A. in Economics from Brigham Young University in 1989. As a recipient of the National Science Foundation Fellowship, he completed his Ph.D. studies at the Massachusetts Institute of Technology in 1993.