Board of Governors

Dr. LaVaughn M. Henry, CBE is on detail as a Sr. Economist on the Council of Economic Advisors in the Executive Office of the President.  He specializes in the areas of banking and other macroeconomic issues.  He is currently on leave as a Policy Analyst in the Banking and Regulatory Policy Section at the FDIC.  In this role he assists in the interpretation, analysis, proposal and drafting of policy guidelines, existing and proposed statutes and regulations, and studies, including the Federal Deposit Insurance Act, FDIC rules and regulations, the National Bank Act, and other relevant depository institution law.  

From 2009 through 2016 Dr. Henry served as Vice President and Senior Regional Officer for the Cincinnati Branch Office of the Federal Reserve Bank of Cleveland.  As the leader of the branch, Dr. Henry was responsible for building and maintaining a strong presence and reputation for the Federal Reserve throughout the central and southern Ohio, and eastern Kentucky region. While serving at the Federal Reserve, he delivered more than 350 speeches and presentations on the status and outlook of the nation’s economy, monetary policy, and the residential real estate market.  He also conducted research on various topics related to consumer finance, the housing market, and regional economics.  Upon leaving the Federal Reserve he received a formal Resolution of Recognition from the Cincinnati Branch Board of Directors in recognition of his outstanding service in his role.  He also received a Proclamation from the Cincinnati Board of Realtors for similar accomplishments in the real estate community.  In 2015 he was selected by the Kentucky Economics Association to be the Kentucky Distinguished Economist of the Year.

Dr. Henry has diverse experience in both the private and public sectors.  Prior to joining the Fed, he previously served in senior economic advisory roles at Fannie Mae, the Office of Federal Housing Enterprise Oversight, Ford Motor Company, PricewaterhouseCoopers, and the Budget Committee of the U.S. House of Representatives.

Very active in the community, Dr. Henry serves as a member of the board of directors of the United Way of Greater Cincinnati, National Underground Railroad and Freedom Center, the board for Harvard University’s Graduate School Alumni Council, the Board of Regents for Kentucky State University, and the Economic Advisory Panel of Xavier University’s Williams School of Business.

His professional memberships include serving as a member of the Board of Directors of the National Association for Business Economics, where he currently serves on the NABE Foundation Board, former president of the Cincinnati Economics Organization, and as a contributing economist to the National Association of Real Estate Brokers.  He is also a member of Alpha Phi Alpha Fraternity, Inc., 100 Black Men of America, and Sigma Pi Phi (“Boulé.”)

Dr. Henry earned both his doctorate and master’s degrees in economics from Harvard University, and a bachelor’s degree from Rockhurst University, located in his hometown of Kansas City, Missouri.