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September 02, 2020

Statement by FED Chair Jerome H. Powell on the passing of Thomas Laubach, director of the Division of Monetary Affairs

For release at 7:15 p.m. EDT

I will miss Thomas as both a colleague & a friend. He was a world-class economist, committed to public service & universally respected for his significant contributions to the theory & practice of monetary policy. His expertise, intellect, & good judgment were peerless. His many friends & colleagues will miss not only his nimble, creative mind, but also his unfailing kindness, collegiality & equanimity. My colleagues & I extend our deepest sympathies to his family.

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Last Update:

September 02, 2020