June 26,2014

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Wyden Applauds Senate Confirmation of Karen Dynan to be Assistant Treasury Secretary for Economic Policy

WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., today applauded the Senate’s confirmation of Karen Dynan to be assistant secretary for economic policy at the Treasury Department by a voice vote.

“I’m pleased the Senate has acted so decisively to confirm Dr. Dynan for this important position. Her wealth of knowledge and experience on vital economic matters will be invaluable to Secretary Lew and the President,” Wyden said.

The Finance Committee approved Dynan’s nomination on February 6.

Dynan was the vice president and co-director of the Economic Studies program at the Brookings Institution from 2009 to 2013. Prior to joining Brookings, Dynan served on the staff of the Federal Reserve Board for 17 years, most recently as a senior adviser. While at the Fed, she played a leadership role in a number of areas, including macroeconomic forecasting, analysis of household and real estate finance conditions, and the policy response to the financial crisis. She also served as a senior economist at the White House Council of Economic Advisers, from 2003-2004, and as a visiting assistant professor at Johns Hopkins University in 1998. Dynan received her Ph.D. in Economics from Harvard University and her A.B. from Brown University.