Harvard professor, ex-Goldman exec to head Dallas Fed

Kaplan will represent the Texas, northern Louisiana and southern New Mexico region on the Federal Open Market Committee, the policy-setting arm of the Federal ReserveThe Federal Reserve Bank of Dallas said Monday that Robert Steven Kaplan, a Harvard University professor and former Goldman Sachs executive, will become its new head. Kaplan’s appointment as president and chief executive of the Dallas Fed will take effect on September 8, succeeding Richard Fisher, who retired in March. Kaplan will represent the Texas, northern Louisiana and southern New Mexico region on the Federal Open Market Committee, the policy-setting arm of the Federal Reserve.

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