kids encyclopedia robot

Andrew Brimmer facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Andrew Brimmer
Andrew Brimmer.jpg
Chair of the District of Columbia Financial Control Board
In office
June 1, 1995 – September 1, 1998
Preceded by Position established
Succeeded by Alice Rivlin
Member of the Federal Reserve Board of Governors
In office
March 9, 1966 – August 31, 1974
President Lyndon B. Johnson
Richard Nixon
Gerald Ford
Preceded by C. Canby Balderston
Succeeded by Philip Coldwell
Personal details
Born
Andrew Felton Brimmer

(1926-09-13)September 13, 1926
Newellton, Louisiana, U.S.
Died October 7, 2012(2012-10-07) (aged 86)
Washington, D.C., U.S.
Political party Democratic
Spouse Doris Scott
Children Esther
Education University of Washington, Seattle (BA, MA)
Harvard University (PhD)
Andrew Brimmer Swearing In
Brimmer being sworn in as a member of the Federal Reserve Board by William McChesney Martin in 1966. U.S. President Lyndon B. Johnson and Brimmer's wife and daughter, Esther, look on.

Andrew Felton Brimmer (September 13, 1926 – October 7, 2012) was an American economist and business leader who served as a member of the Federal Reserve Board of Governors from 1966 to 1974. A member of the Democratic Party, Brimmer was the first African American to sit on the Board.

Early life and education

Brimmer was born in Newellton in Tensas Parish, Louisiana, to a family of sharecroppers. He attended racially segregated schools and graduated from the former Tensas Rosenwald High School in St. Joseph, the seat of government of Tensas Parish. He was a classmate of Emmitt Douglas, later the long-term president of the Louisiana NAACP. Tensas Rosenwald closed in 1970, when the parish public schools were desegregated. The formerly all-white Newellton High School then function as a desegregated institution from 1970 until its closing because of low enrollment in 2006.

Brimmer served in the United States Army from 1945 to 1946. He attended the University of Washington in Seattle, Washington, where he obtained both his bachelor's and master's degrees. In 1951, Brimmer received a Fulbright scholarship to study in India and enrolled in 1952 in Harvard University in Cambridge, Massachusetts. In 1957, he received his Ph.D. from the Harvard University.

Career

While he was still 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, Brimmer became assistant secretary of economic affairs in the U.S. Department of Commerce. In 1966, under appointment from U.S. President Lyndon B. Johnson, Brimmer began an eight-year term on the board of governors of the Federal Reserve, becoming the first African American in that position. In 1974, Brimmer left the Federal Reserve and taught at Harvard University for two years. Thereafter, he formed his own consulting company, Brimmer & Company. He was a trustee of the Economists for Peace and Security.

Brimmer served on the Tuskegee University board of directors from 1965–2010, and as the board's chairman for the last 28 years on the board, making him the longest serving chairman in the school's history.

Awards and honors

  • Named government man of the year by the National Business League, 1963
  • Arthur S. Flemming Award, 1966
  • Russwurm Award, 1966
  • Golden Plate Award of the American Academy of Achievement, 1967
  • Elected to the American Academy of Arts and Sciences, 1970
  • National Urban League Equal Opportunity Award, 1974
  • Horatio Alger Award, 1974
  • Elected to the American Philosophical Society, 1976.
  • Fulbright 40th Anniversary Distinguished Lecturer, Ghana and Nigeria, 1986
  • Samuel Z. Westerfield Award, the highest award given by the National Economic Association, 1990, "in recognition of distinguished service, outstanding scholarship, and achievement of high standards of excellence"
  • Black Enterprise A.G. Gaston Lifetime Achievement Award, 2007

In 2020, the American Economic Association announced the establishment of the "Andrew Brimmer Undergraduate Essay Prize," to be presented to an undergraduate student at a U.S. based institution of higher learning majoring in economics, political science, public policy, or related fields for the best essay on the “economic well-being of Black Americans.”

Personal life and death

Brimmer married the former Doris Millicent Scott. They had a daughter, Esther Dianne Brimmer.

Brimmer died on October 7, 2012 at George Washington University Hospital in Washington.

Archives and records

Government offices
Preceded by
C. Canby Balderston
Member of the Federal Reserve Board of Governors
1966–1974
Succeeded by
Philip Coldwell
New office Chair of the District of Columbia Financial Control Board
1995–1998
Succeeded by
Alice Rivlin
kids search engine
Andrew Brimmer Facts for Kids. Kiddle Encyclopedia.