Andrew Brimmer, economist and more


Andrew Brimmer
Date: 
Mon, 1926-09-13

*Andrew Brimmer was born on this date in 1926. He is an African American economist, businessman, and author.

Born in Newellton, Louisiana Brimmer was the son of sharecroppers and attended racially segregated schools. He served in the Army from 1945-1946 and then attended the University of Washington receiving his bachelors and master's degrees. In 1951 Brimmer received a Fulbright scholarship to study in India. He returned to the United States enrolled in Harvard University in 1952, receiving his PhD in 1957.

During his time at Harvard, Brimmer worked at the Federal Reserve Bank of New York as an economist, and established the central bank of the Sudan. After graduation, he became assistant secretary of economic affairs in the U.S. Department of Commerce. In 1966 Brimmer began an eight-year term on the Board of Governors of the Federal Reserve, becoming the first African American governor of the Federal Reserve. In 1974, he taught at Harvard University for two years, and then formed his own consulting company; Brimmer & Co. Brimmer was elected to the Washington Academy of Sciences in 1991, largely as a result of his published works on the nature and importance of central banking systems.

In 1997, Brimmer returned to the Federal Reserve, and in 1999 became vice chairman of the Federal Reserve. Brimmer married the former Doris Millicent Scott. They have one daughter, Esther Dianne Brimmer.

Reference:
Ebony Magazine
Johnson Publishing
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Chicago IL 60605

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