McTeer Joins NCPA As Distinguished Fellow

DALLAS (November 15, 2006) – The National Center for Policy Analysis (NCPA) has made a key addition, naming Robert D. McTeer, Jr. as a Distinguished Fellow.  McTeer, currently chancellor of the Texas A&M University System and former president of the Federal Reserve Bank of Dallas and a member of the Open Market Committee, will lead the NCPA's work on economic policy issues ranging from fiscal and monetary policy to tax reform.  McTeer will also work periodically on education issues.

"I am excited to have Bob on board," said NCPA President John C. Goodman.  "He is highly regarded for his ability to translate economic sense into common sense.  "

"I have long respected the NCPA's pioneering work on a variety of issues," said McTeer.  "Whether it's reforming entitlements or creating pro-growth economic policies, I look forward to sharing the NCPA's ideas."

McTeer will officially join the NCPA in January, upon his retirement from the Texas A&M University System.  The A&M University System includes nine universities, seven state agencies and a statewide health science center.  The universities have over 103,000 students, including 45,000 at the flagship, Texas A&M University.  

Prior to joining the A&M University System in November 2004, Bob had a 36-year career with the Federal Reserve, including almost 14 years as President of the Federal Reserve Bank of Dallas and member of the Federal Open Market Committee. As Dallas Fed president, Bob was a prolific writer and speaker on free enterprise and the new economy, and the Dallas Fed became known as the "Free-Enterprise Fed."  As a Fed policymaker, Bob gained a reputation as an independent voice, or maverick, dissenting three times from the Greenspan majority. His dissents and outspoken views earned him the labels, "Lone Star Loner" and "The Lonesome Dove."

Bob earned a Ph.D. in economics from the University of Georgia.  He is a past president of the Association of Private Enterprise Education, a national association of free-market scholars and others who advocate market solutions to public policy problems.  He is a former board member of the National Council on Economic Education and a current member of Guaranty Bank board and the Board of Overseers of the Terry College of Business at the University of Georgia.

Bob has written numerous opinion pieces for the Wall Street Journal and other publications and is a frequent guest on CNBC and other financial news programs.