Center for Household Financial Stability
Ray Boshara is senior adviser at the Federal Reserve Bank of St. Louis, where he also directs the Center for Household Financial Stability. The Center conducts research on family balance sheets and how they matter for strengthening families and the economy. Before joining the Fed in April 2011, Boshara was vice president of the New America Foundation, a D.C.-based think tank, where he launched and directed programs promoting asset development, college savings, financial inclusion and a new social contract. Over the last 20 years, he has advised presidential candidates; the George W. Bush, Bill Clinton and Barack Obama administrations; and leading policymakers worldwide. He has testified before the U.S. Congress several times, most recently before the Senate Banking Committee in October 2011. Boshara has written for The Washington Post, The New York Times, The Atlantic Monthly and Democracy, and has appeared on National Public Radio, Marketplace and Bloomberg News. His book, The Next Progressive Era, co-authored with Phillip Longman, was published in 2009. Boshara is a graduate of Ohio State University, Yale Divinity School and the John F. Kennedy School of Government at Harvard.
William R. Emmons is the chief economist of the Center for Household Financial Stability. He is an assistant vice president and economist at the Federal Reserve Bank of St. Louis, where his areas of focus include household balance sheets and their relationship to the broader economy. He also speaks and writes frequently on banking, financial markets, financial regulation, housing, the economy and other topics. His work has been highlighted in major publications including The New York Times, The Wall Street Journal and American Banker. Emmons received a Ph.D. in finance from the J.L. Kellogg Graduate School of Management at Northwestern University. He received his bachelor’s and master’s degrees from the University of Illinois at Urbana-Champaign.
Bryan J. Noeth
Bryan J. Noeth is a policy analyst for the Center for Household Financial Stability. Noeth will be conducting primary and secondary research and policy analysis on household balance sheet issues as well as helping to organize conferences, roundtables and other efforts. Prior to joining the team, he worked in the Research division of the Federal Reserve Bank of St. Louis as a research associate. Noeth received his bachelor’s and master’s degrees in economics from the University of Missouri. He is currently working on a master's degree in finance from Washington University.
Barry Z. Cynamon
Barry Z. Cynamon is a visiting scholar at the Center for Household Financial Stability. His research interests include consumption and saving decisions, banking, and financial regulation. Cynamon is a research associate at the Weidenbaum Center at Washington University in St. Louis, where a recent project included co-editing the book, After the Great Recession: The Struggle for Economic Recovery and Growth, forthcoming from Cambridge University Press, which investigates the sources and responses to the Great Recession. Cynamon received a bachelor’s degree in economics from Washington University and a master’s degree in business administration from University of Chicago.