D. Nathan Sheets Explained

Birth Date:23 December 1964
Birth Place:Salt Lake City, Utah, U.S.
Alma Mater:Brigham Young University (BA)
Massachusetts Institute of Technology (PhD)
Office:Under Secretary of the Treasury for International Affairs
Termstart:September 18, 2014
Termend:January 2017
President:Barack Obama
Predecessor:Lael Brainard
Successor:David Malpass

D. Nathan Sheets is an American economist and government official who served as Under Secretary of the Treasury for International Affairs from 2014 to 2017.[1] He has been Global Chief Economist at Citigroup since October 2021.[2]

Early life and education

Sheets was born on December 23, 1964, in Salt Lake City, Utah. After graduating from Mountain View High School in Mesa, Arizona, he earned a Bachelor of Arts degree in Economics from Brigham Young University, followed by a Ph.D in Economics from the Massachusetts Institute of Technology. Sheets was the recipient of a National Science Foundation Fellowship.[3] [4]

Career

From September 2014 to January 2017, Sheets served as the Under Secretary of the Treasury for International Affairs at the Department of the Treasury, serving as the principal advisor to the Secretary of the Treasury on international economic issues.[5] He was nominated by U.S. President Barack Obama on February 12, 2014,[6] The United States Senate confirmed him unanimously on September 18, 2014.[7] Before working at the United States Department of the Treasury, he worked as the Global Head of International Economics at Citigroup.[8] There, he produced economic commentary on current events, and the developing global economy.[9] Prior to his years at Citigroup, he worked at the Federal Reserve for 18 years, in many positions, which included serving for nearly four years as the Director of the Division of International Finance from September 2007, until August 2011.[10] He was a visiting fellow at the Peterson Institute for International Economics from February to June 2017 and Chief Economist and Head of Global Macroeconomic Research at PGIM Fixed Income from July 2017 to October 2021.[11] [12]

Sheets has also been serving as Stake President of the Washington, D.C. Stake for the Church of Jesus Christ of Latter-day Saints as of March 11, 2018.[13]

External links

Notes and References

  1. Web site: Newsroom.
  2. Web site: Citi Announces Appointment of New Global Chief Economist. 16 August 2021. Businesswire.
  3. Web site: Nathan Sheets. 2016-03-29. U.S. Chamber of Commerce. en. 2020-03-18.
  4. Book: Finance, United States Congress Senate Committee on. Nominations of D. Nathan Sheets, Ramin Toloui, and Maria Cancian: Hearing Before the Committee on Finance, United States Senate, One Hundred Thirteenth Congress, Second Session, on the Nominations of D. Nathan Sheets, to be Under Secretary for International Affairs, Department of the Treasury; Ramin Toloui, to be Assistant Secretary for International Finance, Department of the Treasury; and Maria Cancian, to be Assistant Secretary for Children and Families, Department of Health and Human Services, June 25, 2014. 2014. U.S. Government Publishing Office. en.
  5. Web site: Front page .
  6. https://obamawhitehouse.archives.gov/the-press-office/2014/02/12/presidential-nominations-sent-senate www.whitehouse.gov
  7. Web site: Front page .
  8. News: Who is Nathan Sheets? A Look at U.S. Treasury's Next Top Diplomat. Wall Street Journal. 13 February 2014. Talley. Ian.
  9. Web site: Institutional Clients Group .
  10. Web site: Press Release: D. Nathan Sheets, director of the Division of International Finance, steps down after 18 years of service. Board of Governors of the Federal Reserve System. 8 August 2011.
  11. Web site: Nathan Sheets. 2 March 2016.
  12. Web site: Nathan Sheets joins PGIM Fixed Income. 17 July 2017. Businesswire.
  13. News: New stake presidents. 2018-05-17. LDS Church News. 2018-05-19.