President and Chief Executive Officer
Federal Reserve Bank of Dallas

Bob McTeer became president and CEO of the Federal Reserve Bank of Dallas in February 1991. As president of the Dallas Fed, he is a member of the Federal Open Market Committee, the Fed’s principal monetary policymaking body.

Bob grew up in rural Georgia and received his Ph.D. in economics from the University of Georgia. He also served on the Georgia faculty for two years before joining the Richmond Fed in 1968 as an economist. He took on management responsibilities in the early 1970s and served as an assistant to the bank’s president.

After spending the 1970s at the Richmond Fed, Bob became manager of its Baltimore Branch in 1980, where he remained until coming to Texas in 1991. Bob was an adjunct professor at the University of Richmond and Virginia Commonwealth University off and on during the 1970s and Johns Hopkins University throughout the 1980s. He also taught at several state and regional banking schools.

Since coming to Texas, Bob has been a prolific writer and has maintained a heavy speaking schedule, addressing audiences throughout the world, including Mexico, Argentina, Chile, Sweden, the United Kingdom, Ireland, China and Hong Kong. You may find selected articles, speeches and even some fun poetry and vignettes on the Dallas Fed’s web site at www.dallasfed.org.

Bob has written several op-ed pieces for the Wall Street Journal and other newspapers and has appeared often on CNBC, CNNfn, National Public Radio and other media outlets. Texas Cable News recently featured him as a "Texas Legend in Business," and a community television channel devoted a program to his poetry and vignettes.

Bob is a strong advocate for free enterprise, and under his leadership, the Dallas Fed has become known as the "Free Enterprise Fed" and, more recently, the "New Economy Fed."

Active in economic education, personally and through the Bank, he is a member of the board of directors of the National Council on Economic Education and is a past president of the Association of Private Enterprise Education. He also serves on the Board of Overseers of the University of Georgia's Terry College of Business, which named him a distinguished alumnus in 1991.