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 The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the mo ...

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 Louisiana ( ; ; ) is a state in the Deep South and South Central regions of the United States. It borders Texas to the west, Arkansas to the north, and Mississippi to the east. Of the 50 U.S. states, it ranks 31st in area and 25 ...

, 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 The National Association for the Advancement of Colored People (NAACP) is an American civil rights organization formed in 1909 as an interracial endeavor to advance justice for African Americans by a group including W. E. B. Du&nbs ...

. 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 The United States Army (USA) is the primary Land warfare, land service branch of the United States Department of Defense. It is designated as the Army of the United States in the United States Constitution.Article II, section 2, clause 1 of th ...

from 1945 to 1946. He attended the

University of Washington The University of Washington (UW and informally U-Dub or U Dub) is a public research university in Seattle, Washington, United States. Founded in 1861, the University of Washington is one of the oldest universities on the West Coast of the Uni ...

Seattle Seattle ( ) is the most populous city in the U.S. state of Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the 18th-most populous city in the United States. The city is the cou ...

Washington Washington most commonly refers to: * George Washington (1732–1799), the first president of the United States * Washington (state), a state in the Pacific Northwest of the United States * Washington, D.C., the capital of the United States ** A ...

, where he obtained both his

bachelor's A bachelor's degree (from Medieval Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate degree awarded by colleges and universities upon completion of a course of study lasting three to six years ( ...

and

master's A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional prac ...

degrees. In 1951, Brimmer received a

Fulbright scholarship The Fulbright Program, including the Fulbright–Hays Program, is one of several United States cultural exchange programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people ...

to study in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

, and enrolled in 1952 in

Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...

Cambridge Cambridge ( ) is a List of cities in the United Kingdom, city and non-metropolitan district in the county of Cambridgeshire, England. It is the county town of Cambridgeshire and is located on the River Cam, north of London. As of the 2021 Unit ...

Massachusetts Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode ...

, where in 1957, he received his

Ph.D. A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...

Career

While he was still at Harvard, Brimmer worked at the

Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the New York (state), State of New York, the 12 norther ...

as an economist, and established the

central bank A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...

of the

Sudan Sudan, officially the Republic of the Sudan, is a country in Northeast Africa. It borders the Central African Republic to the southwest, Chad to the west, Libya to the northwest, Egypt to the north, the Red Sea to the east, Eritrea and Ethiopi ...

. After graduation, Brimmer became assistant secretary of economic affairs in the

U.S. Department of Commerce The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing econo ...

. In 1966, under appointment from

U.S. President The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of t ...

Lyndon B. Johnson Lyndon Baines Johnson (; August 27, 1908January 22, 1973), also known as LBJ, was the 36th president of the United States, serving from 1963 to 1969. He became president after the assassination of John F. Kennedy, under whom he had served a ...

, 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 Tuskegee University (Tuskegee or TU; formerly known as the Tuskegee Institute) is a private, historically black land-grant university in Tuskegee, Alabama, United States. It was founded as a normal school for teachers on July 4, 1881, by the ...

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 The American Academy of Achievement, colloquially known as the Academy of Achievement, is a nonprofit educational organization that recognizes some of the highest-achieving people in diverse fields and gives them the opportunity to meet one ano ...

, 1967 *Elected to the

American Academy of Arts and Sciences The American Academy of Arts and Sciences (The Academy) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and other ...

, 1970 *National Urban League Equal Opportunity Award, 1974 *Horatio Alger Award, 1974 *Elected to the

American Philosophical Society The American Philosophical Society (APS) is an American scholarly organization and learned society founded in 1743 in Philadelphia that promotes knowledge in the humanities and natural sciences through research, professional meetings, publicat ...

, 1976. *Fulbright 40th Anniversary Distinguished Lecturer, Ghana and Nigeria, 1986 * Samuel Z. Westerfield Award, the highest award given by the

National Economic Association The National Economic Association (NEA) is a learned society established in 1969, focused on initiatives in the field of economics. The purposes of the Association are "to promote the professional lives of minorities within the profession. In a ...

, 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 The American Economic Association (AEA) is a learned society in the field of economics, with approximately 23,000 members. It publishes several peer-reviewed journals, including the Journal of Economic Literature, American Economic Review, an ...

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. Her son, Brimmer's grandson, is playwrigh
Nathaniel Brimmer-Beller
Brimmer died on October 7, 2012, at

George Washington University Hospital The George Washington University Hospital (GWUH) is a short-stay hospital in Washington, D.C. affiliated with the George Washington University School of Medicine and Health Sciences. Since 2022, the hospital has been wholly owned and operated ...

in Washington, D.C.

Bibliography

* * * *

References

External links

Statements and Speeches of Andrew Brimmer
during his tenure at the Board of Governors of the Federal Reserve System * *

Archives and records

Andrew F. Brimmer papers
at Baker Library Special Collections, Harvard Business School. {{DEFAULTSORT:Brimmer, Andrew 1926 births 2012 deaths Academics from Louisiana African-American economists American economists American financial businesspeople Federal Reserve economists Federal Reserve System governors Harvard Business School alumni Harvard University faculty People from Newellton, Louisiana University of Washington alumni Lyndon B. Johnson administration personnel Nixon administration personnel Ford administration personnel Members of the American Philosophical Society