Nancy Teeters, first woman named to Federal Reserve Board, dies at 84

Nancy 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, Connecticut. She was 84. Nancy Teeters was nominated to the Federal Reserve Board by President Jimmy Carter to fill out the remainder of the term of Arthur Burns, who served as Fed chairman through most of the 1970s.

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