Nancy H. Teeters, first woman on Fed Reserve board, dies

Nancy H. Teeters, a onetime chief economist for the House Budget Committee who in 1978 became the first woman to serve on the Federal Reserve Board of Governors, the body that sets federal monetary policy, died Nov. 17 at an assisted living facility in Stamford, Conn. She was 84. Mrs. Teeters was nominated to the Federal Reserve Board by President Jimmy Carter to fill out the remainder of the term of Arthur F. Burns, who served as Fed chairman through most of the 1970s.

http://ift.tt/1zb0qTT