The Senate Finance Committee unanimously approved on Thursday Karen Dynan’s nomination to the position of assistant secretary for economic policy at the U.S. Treasury.
Dynan served as the vice president and co-director of the Brookings Institution’s economic studies program from 2009 to 2013. Before joining Brookings, she served on the Federal Reserve Board staff for 17 years.
During her time at the Fed, Dynan held leadership roles in macroeconomic forecasting, analysis of household and real estate finance conditions and policy response to financial crisis. From 2003 to 2004, she served as a senior economist on the White House Council of Economic Advisers.
Dynan has a Ph.D. in economics from Harvard University and a bachelor’s degree from Brown University.
“Dr. Dynan’s knowledge and expertise will be critical to the Treasury Department as she takes on this new role,” Senate Finance Committee Chairman Max Baucus (D-Mont.) said. “Treasury plays a key role in formulating policies to safeguard and grow our economy, and with her decades of experience, I am confident she is up to the task.”