PERSON: Austan Goolsbee

President

Federal Reserve Bank of Chicago

Austan Dean Goolsbee (born August 18, 1969) is an American economist and writer. He is the president of the Federal Reserve Bank of Chicago. Goolsbee formerly served as the Robert P. Gwinn Professor of Economics at the University of Chicago’s Booth School of Business. He was the chairman of the Council of Economic Advisers from 2010 to 2011 and a member of President Barack Obama’s cabinet. He served as a member of the Chicago Board of Education from 2018 to 2019.

Goolsbee was a member of the Council of Economic Advisers before becoming chair. He was also the Chief economist and chief-of-staff to Paul Volcker at the President’s Economic Recovery Advisory Board—the board was formed in the wake of the 2007–2008 financial crisis.

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