The Federal Reserve System Community Development Research Conference is a unique event that convenes researchers, policymakers, and practitioners across sectors to consider important issues that low- to moderate-income people and communities face.
The 2017 conference will explore the interplay between the development of kids and their communities, with an understanding that “development” factors into key economic and social aspects of kids’ lives. High-quality and emerging research from multiple disciplines will be presented in a dialogue with policymakers and community practitioners who can utilize the lessons gleaned from the research. This event will spotlight research that can inform questions about key drivers to success, differences across subpopulations, scalable intervention strategies, and policy considerations. The conference will also feature remarks by Federal Reserve leaders, including Federal Reserve Chair Janet Yellen.
Speakers
Janet Yellen
Chair, Board of Governors of the Federal Reserve System
Janet L. Yellen took office as chair of the Board of Governors of the Federal Reserve System in February 2014, for a four-year term ending in January 2018. Her term as a member of the Board of Governors will expire in January 2024. Yellen graduated summa cum laude from Brown University with a degree in economics in 1967. She received her doctorate in economics from Yale University in 1971. From 1971 to 1976, she was an assistant professor at Harvard University. From 1977 to 1978, she worked for the Board of Governors as an economist, before joining the faculty of the London School of Economics and Political Science (1978–80). Yellen is professor emeritus at the University of California at Berkeley, where she has been a faculty member since 1980. During her time there, she was also the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics.
Neel Kashkari
President and Chief Executive Officer, Federal Reserve Bank of Minneapolis
Neel Kashkari took office as president and chief executive officer of the Federal Reserve Bank of Minneapolis on January 1, 2016. In this role, he serves on the Federal Open Market Committee, bringing the Fed’s Ninth District’s perspective to monetary policy discussions in Washington. In addition to his responsibilities as a monetary policymaker, Kashkari oversees all operations of the bank, including supervision and regulation, and payments services.
Kashkari began his career as an aerospace engineer at TRW in Redondo Beach, Calif., where he developed technology for NASA space science missions. Following graduate school, he joined Goldman Sachs in San Francisco, where he helped technology companies raise capital and pursue strategic transactions.
From 2006 to 2009, Kashkari served in several senior positions at the U.S. Department of the Treasury. In 2008, he was confirmed as assistant secretary of the Treasury. In this role, he oversaw the Troubled Assets Relief Program during the financial crisis. Kashkari received the Alexander Hamilton Award, the Treasury Department’s highest honor for distinguished service.
Following his tenure in Washington, Kashkari returned to California in 2009 and joined PIMCO as managing director and member of the executive office. He left the firm in 2013 to explore returning to public service.
In January 2014, Kashkari was a gubernatorial candidate in the state of California, running on a platform focused on economic opportunity.
Kashkari earned his bachelor’s and master’s degrees in mechanical engineering at the University of Illinois at Urbana-Champaign and his MBA from the Wharton School at the University of Pennsylvania.
Charles Evans
President and Chief Executive Officer, Federal Reserve Bank of Chicago
Charles L. Evans is the ninth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee, the Federal Reserve System's monetary policymaking body. Before becoming president in September of 2007, Evans served as director of research and senior vice president, supervising the Bank's research on monetary policy, banking, financial markets, and regional economic conditions. Prior to that, Evans was a vice president and senior economist with responsibility for the macroeconomics research group. His personal research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation, and financial market prices. It has been published in the Journal of Political Economy, American Economic Review, Journal of Monetary Economics, Quarterly Journal of Economics, and the Handbook of Macroeconomics. Evans has taught at the University of Chicago, the University of Michigan, and the University of South Carolina. He received a bachelor's degree in economics from the University of Virginia and a doctorate in economics from Carnegie-Mellon University in Pittsburgh.
Geoffrey Canada
Author and Inner-City Youth and Education Advocate; Founder of Harlem Children's Zone
In his 20-plus years with Harlem Children’s Zone, Inc., Geoffrey Canada has become nationally recognized for his pioneering work helping children and families in Harlem and as a passionate advocate for education reform.
Canada founded the Harlem Children’s Zone (HCZ), which The New York Times Magazine called “one of the most ambitious social experiments of our time.” In October 2005, Canada was named one of “America’s Best Leaders” by U.S. News and World Report. In 2014, he announced his retirement at the end of the school year, ensuring that he will continue to remain a passionate advocate for education and poverty issues.
In 1997, the agency launched the Harlem Children’s Zone Project, which targets a specific geographic area in Central Harlem with a comprehensive range of services. The Zone Project today covers nearly 100 blocks and has served more than 25,000 children and adults.
The New York Times Magazine said the Zone Project “combines educational, social, and medical services. It starts at birth and follows children to college. It meshes those services into an interlocking web, and then it drops that web over an entire neighborhood... The objective is to create a safety net woven so tightly that children in the neighborhood just can’t slip through.”
The work of Canada and HCZ has become a national model and has been the subject of many profiles in the media. Their work has been featured on 60 Minutes, The Oprah Winfrey Show, The Today Show, Good Morning America, Nightline, CBS This Morning, The Charlie Rose Show, and NPR’s “On Point,” as well in articles in The New York Times, The New York Daily News, USA Today, and Newsday. Most recently, Canada can be seen prominently featured in the Davis Guggenheim documentary Waiting for “Superman.”
Canada grew up in the South Bronx in a poor, sometimes violent neighborhood. Despite his troubled surroundings, he was able to succeed academically, receiving a Bachelor of Arts degree from Bowdoin College and a master’s in education from the Harvard School of Education. After graduating from Harvard, Canada decided to work to help children who, like himself, were disadvantaged by their lives in poor, embattled neighborhoods.
Drawing upon his own childhood experiences and those at the Harlem Children’s Zone, he wrote Fist Stick Knife Gun: A Personal History of Violence in America and Reaching Up for Manhood: Transforming the Lives of Boys in America. In its review of Fist Stick Knife Gun: A Personal History of Violence in America, Publishers Weekly said, “a more powerful depiction of the tragic life of urban children and a more compelling plea to end ‘America’s war against itself’ cannot be imagined.”
For his years of work advocating for children and families in some of America’s most devastated communities, Canada was a recipient of the first Heinz Award in 1994. In 2004, he was given the Harold W. McGraw Jr. Prize in Education and Child Magazine’s Children’s Champion Award.
Canada has also received the Heroes of the Year Award from the Robin Hood Foundation, The Jefferson Award for Public Service, the Spirit of the City Award from the Cathedral of St. John the Divine, the Brennan Legacy Award from New York University, and the Common Good Award from Bowdoin College. He has received honorary degrees from Harvard University, Bowdoin College, Williams College, John Jay College, Bank Street College, and Meadville Lombard Theological Seminary.
A third-degree black belt, Canada is also the founder (in 1983) of the Chang Moo Kwan Martial Arts School. Despite his busy schedule as head of HCZ, he continues to teach the principles of Tae Kwon Do to community youth along with anti-violence and conflict-resolution techniques.
In 2006, Canada was selected by New York City Mayor Michael Bloomberg as co-chair of the Commission on Economic Opportunity, which was asked to formulate a plan to significantly reduce poverty. In 2007, he was appointed co-chair of New York State Governor’s Children’s Cabinet Advisory Board.
Canada is also the East Coast Regional Coordinator for the Black Community Crusade for Children. The Crusade is a nationwide effort to make saving black children the top priority in the black community. This initiative is coordinated by Marian Wright Edelman and the Children’s Defense Fund.
Canada joined Harlem Children’s Zone, Inc. (then called the Rheedlen Foundation) in 1983 as its Education Director. Prior to that, he worked as Director of the Robert White School, a private day school for troubled inner-city youth in Boston.
The National Book Award-winning author Jonathan Kozol has called Canada, “One of the few authentic heroes of New York and one of the best friends children have, or ever will have, in our nation.”
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