Economic Club Of Minnesota

Washington DC, January 28th, 2014   Former Senator Mark Kennedy, Former Congressman Tim Penny, Canadian and Mexican ambassadors, Mr. Mack McLarty, Ambassador Carla Hills, Mr. James Weekes, Dr. Luis de la Calle, Congressman Erik Paulsen, Former Congressman Bill Frenzel.    

Tom Nides is a Managing Director and Vice Chairman of Morgan Stanley, a leading global financial services firm. He focuses on the Firm’s global clients and other key constituencies around the world, serves as a member of the Firm’s Management Committee and Operating Committee, and reports to Morgan Stanley Chief Executive Officer James Gorman. Prior to rejoining the Firm in March 2013 in his current role, Mr. Nides was Deputy Secretary of State, serving as Chief Operating Officer of the Department. Appointed by President Obama, he was confirmed by the Senate on December 22, 2010 and sworn in on January 3, 2011. Previously, Mr. Nides was the Chief Operating Officer of Morgan Stanley from 2005 to 2010. He was an executive officer and served as a member of Morgan Stanley’s Management Committee and Operating Committee. Before joining Morgan Stanley, Mr. Nides served as Worldwide President and Chief Executive Officer of Burson-Marsteller and as Chief Administrative Officer of Credit Suisse First Boston, the invest

Ambassador Mark Green is President & CEO of the Initiative for Global Development (IGD), a nonprofit organization that engages corporate leaders to reduce poverty through business growth and investment in Africa. A recognized leader in the foreign policy and business communities, Green served as the U.S. Ambassador to Tanzania from mid-2007 to early 2009. While there he led a mission of more than 350 Americans and Tanzanians and was ultimately responsible for some of the world's largest U.S.-led development programs. Prior to serving as U.S. Ambassador, Green served four terms in the U.S. House of Representatives, where he helped craft key policy initiatives including the Millennium Challenge Act and President Bush's history-making AIDS program. Most recently, he served as Senior Director at the U.S. Global Leadership Coalition, a network of 400 businesses, NGOs, policy experts, and other leaders supporting a smart power approach to American foreign policy. Ambassador Green serves on the Board of Director

Timothy Beardson founded, majority-owned and ran Crosby, which became the largest independent investment bank in the Far East. He sat on the board of investment companies which were involved in most countries of South and East Asia from Pakistan through China to Indonesia. Eventually, Crosby employed 650 staff in 14 countries from New York to Beijing. It had an annual transaction volume of US $20 billion. It was the first international investment bank to open in China, Thailand and Malaysia and the only foreign bank invited to participate in the working party to set up the Shanghai Stock Exchange. Crosby was active in the stock markets and had presences in China, Hong Kong, the Philippines, Thailand, Malaysia, Singapore, Indonesia, India, Pakistan and Sri Lanka. It also had operations in Britain, Japan, Switzerland and the United States. It advised governments, corporations and financial institutions on strategic and economic issues regarding Asia and the world. Beardson sold the bank in the late 1990s. He is

Eric Rosengren has been president and chief executive officer of the Federal Reserve Bank of Boston since July 2007 and is currently a voting member of the Federal Open Market Committee. Previously he headed the Bank's supervision, regulation, and credit group, and was active in domestic and international regulatory policy. Rosengren joined the Bank in 1985 as an economist in the research department, with a B.A. from Colby College and an M.S. and Ph.D. from the University of Wisconsin, Madison. He has written extensively on macroeconomics, international banking, bank supervision, and risk management; including articles in leading economics and finance journals. Much of his recent research has focused on how problems in the financial sector impact the real economy. Rosengren is a director of the United Way, a trustee of Colby College, and a member of advisory boards at Colby College and the University of Wisconsin.

United States Senator Amy Klobuchar On January 4, 2007, Amy Klobuchar became the first woman elected to represent the State of Minnesota in the United States Senate. Before being elected to public office, she served as a partner in Minnesota's Dorsey & Whitney and Gray, Plant, Mooty law firms. From 1998-2006, Senator Klobuchar served as the prosecutor for Hennepin County. During her eight years as County Attorney, Amy focused on the prosecution of violent and career criminals. She was a leading advocate for successful passage of Minnesota's first felony DWI law, for which she received a leadership award from Mothers Against Drunk Driving. Her safe schools initiative, community prosecution efforts, and criminal justice reforms earned national awards, including from the U.S. Department of Justice under both the Clinton and Bush administrations. She was elected by her colleagues to serve as president of the Minnesota County Attorneys Association.Since her election to the Senate in 2006, Amy has been a strong

Gregg Steinhafel is chairman of the board, president and chief executive officer of Target Corporation. Target, a Minneapolis-based discount retailer with more than $70 billion in annual revenues, serves guests at 1,778 retail stores in 49 states nationwide, online at Target.com, and by offering credit to qualified guests through branded proprietary credit and debit cards. Steinhafel was named president of Target in 1999 after 20 years with the company in which he held numerous merchandising and operating positions. As president, Steinhafel had companywide responsibility for merchandising, stores, global sourcing, product design and development, presentation, supply chain and Target.com. Steinhafel was named to the board of directors in 2007, became president and chief executive officer in May 2008, and was appointed chairman of the board of directors in January 2009. Steinhafel has been instrumental in developing and promoting Target’s unique corporate culture, in which 365,000 talented and diverse team memb

John P. Surma was born in Pittsburgh, Pa., in 1954. He graduated from Pennsylvania State University in 1976 with a Bachelor of Science degree in accounting. Mr. Surma joined Price Waterhouse LLP in 1976, and in 1981 he served in the Manchester, England, office of the Price Waterhouse United Kingdom firm. In 1987, he was admitted to the partnership. In 1983, Mr. Surma participated in the President’s Executive Exchange Program in Washington, D.C., where he served as executive staff assistant to the vice chairman of the Federal Reserve Board. In 1997, Mr. Surma joined Marathon Oil Company as senior vice president, finance & accounting. He was appointed president, Speedway SuperAmerica LLC in 1998, and senior vice president, supply & transportation for Marathon Ashland Petroleum LLC (MAP) in 2000. He was named president of MAP on January 1, 2001. Effective with the separation from USX Corporation, he became vice chairman and chief financial officer of United States Steel Corporation on January 1, 2002. He

Major Garrett is a White House correspondent for National Journal and also contributes to 2012 Decoded. Prior to National Journal, Garret reported for Fox News, where he was the Chief White House Correspondent. During his eight years at Fox, Garrett also covered Congress, two presidential elections, the war in Iraq and many other issues of national importance. Before joining Fox News, Garrett was a White House correspondent for CNN, covering Presidents Bush and Clinton. Prior to that he was a senior editor and congressional correspondent for U.S. News and World Report, where he reported on Congress and the impeachment of President Clinton. From 1990-1995, he was a congressional reporter for The Washington Times, and from 1995-1997, he was the newspaper's deputy national editor. Earlier in his career Garrett was a reporter for The Houston Post, Las Vegas Review-Journal and the Amarillo Globe-News. Garrett has also authored three books. His third, The Enduring Revolution (2005), was recently voted one of the be

Agustín Carstens was born June 9, 1958 in Mexico City. He holds a M.A. (1983) and a Ph.D. (1985) in economics from the University of Chicago. He received his B.A. in economics (summa cum laude) from the Instituto Tecnológico Autónomo de México (ITAM) in 1982, with a thesis on determining the forward exchange rate in Mexico, for which he received the 1983 Tlacaelel National Prize in Economic Consulting from Consultores Internacionales, S.C.. He also won the 1985 National Research Prize in Economics from Banco Nacional de México, S.A. Dr. Carstens began his professional career in 1980 at Banco de México, where, despite his youth, he held many top level positions at the central bank’s International Affairs Department, first as Foreign Exchange trader, and then as Deputy Manager and Manager of the Foreign Exchange and Market Analysis Department. In 1989, he became the central bank’s International Treasurer and represented Banco de México in Mexico’s Brady Bond foreign debt restructuring negotiations. From June 19

David Wessel is economics editor of The Wall Street Journal and writes the "Capital” column, a weekly look at the economy and forces shaping living standards around the world. He also appears frequently on National Public Radio and WETA’s Washington Week. His book, In Fed We Trust: Ben Bernanke’s War on the Great Panic, was selected by strategy+business magazine as one of the Best Business Books of 2009. This book was one of 6 finalists for the Financial Times Business Book of the year 2009, as well as selected as one of the "100 Notable Books of 2009" by the New York Times. David joined The Wall Street Journal in 1984 in Boston, and moved to Washington in 1987, where he was deputy bureau chief until assuming his current job in September 2007. In 1999 and 2000, he served as the newspaper’s Berlin bureau chief. He previously worked for the Boston Globe, the Hartford (Conn.) Courant and Middletown (Conn.) Press. A 1975 graduate of Haverford College, he was Knight Bagehot Fellow in Business & Economics Journ

Narayana Kocherlakota became president and chief executive officer of the Federal Reserve Bank of Minneapolis on October 8, 2009. Kocherlakota has served as a professor of economics at the University of Minnesota since 2005, where he chaired the department from 2006-2008. Since 1999 he has also served as a consultant to the Federal Reserve Bank of Minneapolis. From 1996-98, he was a research staff member at the Bank. He is also a research associate at the National Bureau of Economic Research. Kocherlakota has published more than 30 articles in academic journals, including Econometrica, Journal of Political Economy, Journal of Economic Theory, Journal of Monetary Economics and Journal of Money, Credit and Banking. His work includes theoretical and empirical contributions to macroeconomics, monetary economics, financial economics and public finance. Kocherlakota has authored a forthcoming book from Princeton University Press titled The New Dynamic Public Finance, which describes an approach to tax design pionee

Pascal Lamy is the Director-General of the World Trade Organization since September 2005. Mr. Lamy holds degrees from the Paris based Ecole des Hautes Études Commerciales (HEC), from the Institut d’Etudes Politiques (IEP) and from the Ecole Nationale d’Administration (ENA). He began his career in the French civil service at the Inspection Générale des finances and at the Treasury. He then became an advisor to the Finance Minister Jacques Delors, and subsequently to Prime Minister Pierre Mauroy. 

 In Brussels from 1985 to 1994, Mr. Lamy was Chief of staff for the President of the European Commission, Jacques Delors, and his representative as Sherpa in the G7. 

In November 1994, he joined the team in charge of rescuing Credit Lyonnais, and later became CEO of the bank until its privatisation in 1999.

 Between 1999 and 2004, Mr. Lamy was Commissioner for Trade at the European Commission under Romano Prodi. 

 After his tenure in Brussels, Mr. Lamy spent a short sabbatical period as President of “Notre Europe”

Kevin Brady considers it an honor to be representing the 8th District of Texas in the U.S House of Representatives. A pro-family, pro-small business conservative, Kevin’s strong belief in free enterprise guides him as the Vice Chairman and top Republican on the Joint Economic Committee. A Deputy Whip for the GOP Leadership team, Kevin is a senior member of the House Ways & Means Committee, considered by many to be the most powerful committee in Congress, with jurisdiction over 2/3 of the federal budget including taxes, Social Security, Medicare, international trade and welfare. As the Chairman on the Subcommittee on Trade and a senior member of the Social Security Subcommittee, Kevin fights for free market solutions to our country’s economic challenges and preservation of the programs that help our seniors. As the White House’s point man in the successful passage of the Central American Free Trade Agreement, Kevin is excited about the thousands of new jobs that free trade has created here in Texas. Prior

His Excellency, Arturo Sarukhan Ambassador from Mexico to the United States

Michelle Rhee is Founder & CEO, StudentsFirst. She has been working for the last 18 years to give children the skills and knowledge they will need to compete in a changing world. On June 12, 2007, Mayor Adrian Fenty appointed Chancellor Rhee to lead the District of Columbia Public Schools (DCPS), a school district serving more than 47,000 students in 123 schools. Under her leadership, the worst performing school district in the country became the only major city system to see double-digit growth in both their state reading and state math scores in seventh, eighth and tenth grades over three years. The graduation rate rose, and after steep declines enrollment rose for the first time in forty years. Michelle Rhee currently serves on the Advisory Boards for the National Council on Teacher Quality, the National Center for Alternative Certification, and Project REACH of the University of Phoenix's School of Education.

Dr. George Buckley, Chairman, President and CEO of 3M Corporation.

2011-2012 Season Inaugural Luncheon with Dr. Ben S. Bernanke Chairman Federal Reserve System, Thursday, September 8, 2011.

Dr. R. Glenn Hubbard has been Dean of the Columbia Business School since July 1, 2004. A Columbia faculty member since 1988, he is also the Russell L. Carson Professor of Finance and Economics. Additionally, he is a visiting scholar at the American Enterprise Institute in Washington and a member of the International Advisory Board of the MBA Program of Ben-Gurion University. In government, Professor Hubbard served as deputy assistant secretary of the U.S. Treasury Department for Tax Policy from 1991 to 1993. He served as chairman of the U.S. Council of Economic Advisers and also chaired the Economic Policy Committee of the OECD. He is a past Chairman of the Economic Club of New York, life member of the Council on Foreign Relations, and Co-Chairman of the Committee on Capital Markets Regulation.

As President of the U.S. Chamber of Commerce, Mr. Donohue discussed the Chamber’s plan to boost America’s economy, enhance our economy and move towards sustainable, long-term growth in this country.