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Anthony M. Santomero

President, Federal Reserve Bank of Philadelphia

Anthony M. Santomero became president of the Philadelphia Federal Reserve on July 10, 2000. He is currently serving a five-year term ending March 1, 2006.

Before becoming president of the Philadelphia Fed, he was the Richard K. Mellon Professor of Finance at the University of Pennsylvania’s Wharton School.

While at Wharton, Anthony Santomero established a reputation as a recognized consultant to major financial institutions and regulatory agencies throughout North America, Europe and the Far East. In the United States, he advised the Federal Reserve Board of Governors, the FDIC and the General Accounting Office on a wide range of issues relating to capital regulation and structural reform.

Internationally, he consulted for the Inter-American Development Bank, the Kingdom of Sweden, the Ministry of Finance of Japan, the Treasury of New Zealand, the Bank of Israel, the National Housing Bank of India, the Saudi Arabian Monetary Agency and the Capital Markets Board of Turkey. In addition, he served as a long-standing advisor to the Swedish Central Bank.

Anthony Santomero received an A.B. in economics from Fordham University in 1968 and a Ph.D. in economics from Brown University in 1971.

Articles by Anthony M. Santomero

Reforming U.S. Education for the 21st Century

How should the U.S. education system be updated to keep up with a changing world economy?

May 24, 2005