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Lessons Learned: Nathan Sheets

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Abstract

Between 2007 and 2011, Nathan Sheets was director of the Division of International Finance at the Board of Governors of the Federal Reserve System. He oversaw the operations of the division and advised the Federal Open Market Committee (FOMC) on economic and financial developments in foreign countries. Sheets also regularly represented the Federal Reserve Board at international meetings and in its contacts with foreign central banks. Under his helm, the division was involved in helping establish and manage the US dollar liquidity swap lines with foreign central banks. This Lessons Learned abstract is based on an interview with Sheets on December 11, 2019.

Suggested Citation

  • Wiggins, Rosalind, 2022. "Lessons Learned: Nathan Sheets," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(3), pages 219-221, April.
  • Handle: RePEc:ysm:ypfsfc:v:4:y:2022:i:3:p:219-221
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1432&context=journal-of-financial-crises
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    Keywords

    Swap lines; emerging markets; moral hazard; Dodd-Frank Act;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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