Col­lege sets fo­rum on na­tional debt

Kent County News - - OPINION -

CH­ESTER­TOWN — Wash­ing­ton Col­lege will host a fo­rum Nov. 14 to fo­cus on the na­tional debt and its long-term ef­fects on the econ­omy.

Guest speak­ers are Jef­frey M. Lacker, pres­i­dent and CEO of the Fed­eral Re­serve Bank of Rich­mond, and Brian Rogers, chair­man and chief in­for­ma­tion of­fi­cer of T. Rowe Price. Rick San­telli of CNBC will mod­er­ate the dis­cus­sion.

Col­lege Pres­i­dent Sheila Bair, for­mer chair­man of the Fed­eral De­posit In­surance Corp., has in­vited the three to high­light the is­sue in the George Wash­ing­ton Lead­er­ship Se­ries. The talk be­gins at 5 p.m. in Decker The­atre, Gib­son Cen­ter for the Arts. It will be fol­lowed by a re­cep­tion in the cen­ter’s Un­der­wood Lobby. The fo­rum is free and open to the pub­lic.

The dis­cus­sion — “Our Fis­cal Health: How Na­tional Debt Could Im­pact the Fu­ture for America’s Youth” — will fol­low an af­ter­noon ses­sion where stu­dents in busi­ness, po­lit­i­cal science and eco­nom­ics classes will be able to talk one-on-one with the three guests about the na­tional debt and how it will af­fect their lives.

As pres­i­dent of the Fed­eral Re­serve Bank of Rich­mond, Lacker serves on the fed­eral open mar­ket com­mit­tee, which con­ducts mone­tary pol­icy for the Fed­eral Re­serve.

As chair­man of the board and CIO of T. Rowe Price Group Inc., Rogers serves on the equity, fixed in­come and in­ter­na­tional steer­ing com­mit­tees, as well as the as­set al­lo­ca­tion com­mit­tee.

An on-air ed­i­tor at CNBC since 1999, San­telli’s fo­cus is pri­mar­ily on in­ter­est rates, for­eign ex­change and the Fed­eral Re­serve. He be­gan his ca­reer in 1979 as a trader and or­der-filler at the Chicago Mer­can­tile Ex­change in a va­ri­ety of mar­kets.

Wash­ing­ton Col­lege cre­ated the Lead­er­ship Se­ries in 2012 to honor the vi­sion and val­ues of found­ing pa­tron George Wash­ing­ton, es­pe­cially his be­lief in a bet­ter fu­ture through ed­u­ca­tion, re­spect for schol­ar­ship and the ideals of lead­er­ship, char­ac­ter and ser­vice to oth­ers. Un­der its aus­pices, lead­ers from many pro­fes­sions and walks of life are in­vited to cam­pus to in­ter­act with stu­dents and fac­ulty and to de­liver a pub­lic ad­dress.

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