Donald L. Kohn

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Donald L. Kohn
Occupation Vice-chairman, board of governors
Employer Federal Reserve System

Donald L. Kohn became a member of the Board of Governers of the Federal Reserve System on Aug, 5, 2002 for a full term ending Jan. 31, 2016. On June 23, 2006, Kohn was sworn in as Vice Chairman of the Board of Governors of the Federal Reserve System for a four-year term ending June 23, 2010.

Kohn is the Chairman of the Committee on the Global Financial System (CGFS), a central bank panel that monitors and examines broad issues related to financial markets and systems.[1]


Kohn was born in November 1942 in Philadelphia, Pennsylvania.

Before becoming a member of the Board, Kohn served on the Federal Reserve's staff as Adviser to the Board for Monetary Policy (2001-02), Secretary of the Federal Open Market Committee (1987-2002), Director of the Division of Monetary Affairs (1987-2001), and Deputy Staff Director for Monetary and Financial Policy (1983-87). He also held several positions in the Board's Division of Research and Statistics: Associate Director (1981-83), Chief of Capital Markets (1978-81), and Economist (1975-78). Kohn began his career as a Financial Economist at the Federal Reserve Bank of Kansas City (1970-75).

He was named to the FDIC Advisory Committee on June 3, 2011.[2]

Writing and Awards[edit]

Dr. Kohn has written on issues related to monetary policy and his work has been published by organizations including the Federal Reserve System, the Bank of England, the Reserve Bank of Australia, the Bank of Japan, the Bank of Korea, the National Bureau of Economic Research, and the Brookings Institution.

He was awarded the Distinguished Achievement Award from The Money Marketeers of New York University (2002), the Distinguished Alumni Award from the College of Wooster (1998), and the Honorary Degree, Doctor of Laws, from the College of Wooster (2006).


He received a B.A. in economics in 1964 from the College of Wooster and a Ph.D. in economics in 1971 from the University of Michigan.


  1. Board of Governors of the Federal Reserve System. Federal Reserve.
  2. Press Release. The Investment Authority.