BB&T Center’s John Allison on the role of the Federal Reserve
February 9, 2017 | by Matthew Phillips
John Allison, executive-in-residence in the BB&T Center for the Study of Capitalism, appeared on CNBC’s Closing Bell, where he talked about the role of the Federal Reserve Board of Governors and the rumors that he could be a future Fed Board nominee.
Mr. Allison emphasized the need for the Federal Reserve to be connected to the marketplace with members who represent diverse viewpoints and practical experience in banking.
Mr. Allison has been an executive-in-residence with the BB&T Center at Wake Forest University since November 1, 2015. His main roles have been to mentor students, guest-lecture in classes, and give public lectures. As executive-in-residence, Mr. Allison has helped foster Wake Forest’s student-centered educational mission. His leadership has been invaluable in helping the BB&T Center implement its mission of critically evaluating the role of capitalism in a humane and just society. His extensive real-world experience in business and banking has enabled him to provide insight to students into the crucial role honorable business plays in fostering a prosperous society. Prior to his current position, Mr. Allison was the CEO of the Cato Institute following a career at BB&T that culminated in his outstanding performance as chairman and CEO.
More information regarding Mr. Allison and his media availability should be directed to the Marketing and Communications Team in the Wake Forest Business School.