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Announcements

Brian Deese, Director of the National Economic Council

ECNY: Signature Luncheon & Webcast Event

We are honored to welcome Brian Deese, 13th Director of the White House National Economic Council. Brian will be joining to deliver a speech on how the current global economic moment – from pandemic-induced supply chain bottlenecks to geopolitical tension in Europe – underscores the importance of bolstering the United States' domestic economic resilience and competitiveness abroad.

Charles Evans, President & CEO of Chicago Fed

ECNY: Luncheon & Webcast Event

Join us for a Signature Luncheon as we welcome Charles L. Evans, President & Chief Executive Officer of The Federal Reserve Bank of Chicago, on Tuesday, April 19th. President Evans will provide his views on the U.S. economy, inflation, and monetary policy.

Dr. Rochelle P. Walensky, 19th Director of the CDC

ECNY: Hosting Webcast Virtual Event

ECNY is pleased to welcome Dr. Rochelle P. Walensky 19th Director of the Centers for Disease Control and Prevention. Dr. Walensky will share insights on the changing guidance issued in relation to the COVID pandemic and what we can do to be further prepared in the future.

Brad Jacobs, Chair & CEO of XPO Logistics

ECNY: Hosting Webcast Virtual Event

We are pleased to welcome Brad Jacobs, Chair & CEO of XPO Logistics. Brad will discuss the global supply chain and how staying dynamic can create significant shareholder value over time. He will also share how he has built five multibillion-dollar startups, including three publicly traded powerhouses.

Thasunda Brown Duckett, CEO, TIAA

ESSENCE: TIAA's Thasunda Brown Duckett Talks Racial Wealth Equity
Duckett came to TIAA after serving as Chief Executive Officer of Chase Consumer Banking and other financial institutions, along with serving on the boards of NIKE, Inc., Robert F. Kennedy Human Rights, and the Economic Club of New York.

On April 11, she sat down with John C. Williams President & CEO, Federal Reserve Bank of New York and Chair of the Economic Club of New York for a webinar event to discuss the state of racial equity, and her work to combat BIPOC financial disparity. Here are some key insights she offered during the conversation.

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Thasunda Brown Duckett, President and CEO of TIAA

ECNY: Luncheon & Webcast Event

Diversity, Equity & Inclusion Series

We welcome Club Trustee, Thasunda Brown Duckett, President and CEO of TIAA. In this conversation, Thasunda will shed light on the importance of having access and utilizing valuable financial planning and services. Thasunda will discuss how financial inclusion and opportunity should be available to businesses and individuals of all backgrounds.

Author Roger Lowenstein

ECNY: Hosting Webcast Virtual Event

Financing of the Civil War

We are pleased to welcome Roger Lowenstein, Author, Ways and Means, Lincoln and His Cabinet and the Financing of the Civil War. In conversation with Club Trustee, N. Greg Mankiw, Roger will dive into the financial aspects around President Lincoln's administration and its efforts toward political reform.

SAM BANKMAN-FRIED, FTX

BLOOMBERG: A 30-Year-Old Crypto Billionaire Wants to Give His Fortune Away
The Economic Club of New York has hosted kings, prime ministers, and presidents, as well as Amazon.com Inc.’s Jeff Bezos and JPMorgan Chase & Co.’s Jamie Dimon. Central bankers’ comments at the 115-year-old organization have moved markets. Sam Bankman-Fried, a 30-year-old cryptocurrency billionaire, is probably the first person to play a computer game while giving a talk.
As the featured guest one morning in February, Bankman-Fried looks schlubby as usual, reclining on a gaming chair in blue shorts and a gray T-shirt advertising his cryptocurrency exchange, FTX, his mop of curly hair flattened by his headphones. He’s speaking by Zoom from his office in the Bahamas.


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ESTHER GEORGE, PRESIDENT & CEO OF THE FEDERAL RESERVE BANK OF KANSAS CITY

American Banker: Rising rates, remote work put commercial real estate on Fed official's radar
Esther George, president of the Federal Reserve Bank of Kansas City, has commercial real estate on her radar for financial risks as the central bank tightens monetary policy.

Speaking with economist Peter Blair Henry during a webinar hosted by the Economic Club of New York on Wednesday, George said the combination of higher interest rates — raising the cost of CRE financing — and the pandemic-era shift toward remote work could hurt property owners and their lenders.

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ESTHER GEORGE, PRESIDENT & CEO OF THE FEDERAL RESERVE BANK OF KANSAS CITY

CNBC Treasury yields fall as investors keep watch over bond spreads

In a speech to the Economic Club of New York, Kansas City Fed President Esther George said the curve didn’t necessarily signal a recession but could be a headwind for some banks.

“My concern about an inverted yield curve does not reflect its intensely debated value as a predictor of recession. Rather, my view is that an inverted curve has implications for financial stability with incentives for reach-for-yield behavior,” George said.

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Esther George, President & CEO of The Federal Reserve Bank of Kansas City

ECNY: Hosting Webcast Virtual Event

ECNY is pleased to welcome Esther George, President & CEO The Federal Reserve Bank of Kansas City. Having responsibility over the Tenth Federal Reserve District, which includes western Missouri, Kansas, Nebraska, Oklahoma, Colorado, Wyoming and northern New Mexico, and with over three decades of Federal Reserve experience, Esther George will join us for an informed discussion on the current state of the nation's economy and monetary policy going forward.

GLENN HUBBARD & LAWRENCE SUMMERS

FOX BUSINESS:  Larry Summers warns inflation outlook is ‘pretty grim,' urges Fed to move faster on rate hikes

Former Treasury Secretary Larry Summers – who predicted this would all happen nearly one year ago – thinks the inflation problem will get worse before it starts to improve.

"I think the inflation outlook is pretty grim," Summers said Tuesday during a virtual discussion hosted by the Economic Club of New York. "And I think the Fed is a fair amount behind the curve."


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Glenn Hubbard & Lawrence Summers

ECNY: Hosting Webcast Virtual Event

The Economic Club of New York is honored to welcome back two of America's leading economists, R. Glenn Hubbard and Lawrence H. Summers, who will speak on the direction of monetary policy and its implications.

MICHAEL SAYLOR, CHAIR & CEO, MICROSTRATEGY

Aljazeera: EU proposal seen as de facto Bitcoin ban fails in vote
“Bitcoin won that vote,” said Michael Saylor, chief executive of software company MicroStrategy, during a webinar hosted by the Economic Club of New York on Monday. “You need energy to create real property.”

Markus Ferber, a lawmaker and the EPP Group’s spokesman in the committee, said the failed proposal sent a “clear signal” that the EU wishes to support the crypto industry as it grows.


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MICHAEL SAYLOR, CHAIR & CEO, MICROSTRATEGY

COINGAPE: Michael Saylor Explains Why Bitcoin Is Best Inflation Hedge

Michael Saylor, CEO of MicroStrategy, explained the merits of Bitcoin amid the rising inflation to members of the Economic Club of New York on Monday. Saylor said the most prominent digital currency Bitcoin can be a hedge against inflation and a store of value, especially under the current conditions.

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MICHAEL SAYLOR, CHAIR & CEO, MICROSTRATEGY

Michael Saylor

ECNY: Luncheon & Webcast Event

ECNY Crypto Series

The Economic Club of New York is honored to welcome Michael Saylor, Chairman of the Board and CEO of MicroStrategy Inc. In this conversation, Michael will discuss the rise in the popularity of bitcoin & cryptocurrency and how our economy and physical currencies can be impacted by the use of digital currency and digital property.

International Women in Business Event

ECNY: Hosting Webcast Virtual Event

International Women in Busienss Forum

The Economic Club of New York, along with the Consulates General of Canada and France, invite you to attend a half-day forum on the role businesses can play in accelerating equality in the workplace.

Women had made great progress before COVID-19 and this year we plan to explore the impacts and ways forward in a post-covid world. This program will highlight concrete efforts and achievable actions by business leaders to empower women to achieve their full economic potential and to foster inclusive economies.

Webcast: Dr. Jennifer Nuzzo

ECNY: Hosting Webcast Virtual Event

We are pleased to welcome Dr. Jennifer Nuzzo, Senior Scholar at the Johns Hopkins Center for Health Security. Dr. Nuzzo will share details on her role as lead Epidemiologist for the Johns Hopkins Testing Insights Initiative and provide approaches for organizations on pandemic preparedness and response.

FOUNDER AND CEO OF FTX, SAM BANKMAN-FRIED

MARKETS INSIDER: FTX's Sam Bankman-Fried says crypto would get a boost if the Fed turned less hawkish and that 'there's not nearly enough' investment in innovative NFT applications


FTX CEO Sam Bankman-Fried said Thursday that a more dovish central bank could boost token prices and highlighted potential in NFT investing as his crypto exchange also takes on a venture capital role.

In a wide-ranging Thursday interview with the Economic Club of New York, the 29-year-old crypto billionaire noted monetary supply and the Fed's signals on hiking rates to tame inflation have been moving markets lately, with "a tight coupling between crypto and stocks" also evident.


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