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Dr. Seth B. Carpenter, Nominee for Assistant Secretary for Financial Markets, Department of the Treasury

President Barack Obama announced his intent to nominate Dr. Seth Carpenter Assistant Secretary for Financial Markets.  Dr. Seth B. Carpenter is a Senior Advisor in the Office of Financial Markets at the Department of the Treasury, a position he has held since 2014.  Previously, from 2013 to 2014, Dr. Carpenter served as the Deputy Assistant Secretary for Economic Policy at Treasury.  Prior to serving at Treasury, he served at the Board of Governors of the Federal Reserve System from 1999 to 2014.  Dr. Carpenter began his service with the Federal Reserve as a research economist and rose to the rank of Deputy Director of the Division of Monetary Affairs.  Dr. Carpenter has taught undergraduate and graduate courses at Duke University, the College of William and Mary, The George Washington University, and The Johns Hopkins University.  He also served as a Member of the Board of Advisors for the Thomas Jefferson Public Policy Program at the College of William and Mary.  Dr. Carpenter received a B.A. from the College of William and Mary and an M.A. and Ph.D. from Princeton University.