ALEXANDRIA, Va.--The National Credit Union Administration announced Tuesday that Ralph Monaco is the agency's new chief economist.
In his new position, Monaco will develop and distribute economic research, including the NCUA Quarterly U.S. Map Review, according to a statement.
Monaco succeeds John Worth, who left the agency in August.
"Those who have worked with Ralph know that he is well-suited to assume the Chief Economist position," NCUA Chairman Debbie Matz said. "As the senior economist at NCUA for the last four years, Ralph has demonstrated superb skills and a strong commitment to accurate, comprehensive economic analysis. I congratulate Ralph and am confident NCUA and the credit union system will benefit from his briefings and recommendations."
Before working for the NCUA, Monaco served as the director of the Office of Macroeconomic Analysis in the Office of Economic Policy at the Treasury Department. He also served for the President's Council of Economic Advisers and the Agriculture Department.
He holds a doctorate in economics from the University of Maryland and a bachelor's degree, with highest honors, from the College of William and Mary.
