Manuel H. Johnson

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Dr. Manuel Johnson
Born	1949 Troy, Alabama
Nationality	American
Alma mater	Florida State University
Occupation	U.S. Treasury Federal Reserve System

Manuel H. Johnson became co-chairman and senior partner in the investment and consulting firm of Smick Medley International in September 1990. At that time, the name was changed to Johnson Smick International, Inc. (JSI). JSI invests with money management funds and provides information services on important economic and political policy changes in major countries that impact global financial institutions located throughout the world.

Prior to assuming his current duties, Dr. Johnson was vice chairman of the Board of Governors of the Federal Reserve System where he served for four and a half years beginning in February 1986. While at the Fed, Johnson presided over one of the most stable economic periods in the post-World War II era. His responsibility for international operations and financial crisis management involved him in some of the most dramatic events of the 1980s. Dr. Johnson played a key role in preventing systemic economic damage during the stock market crash of October 1987 and in the coordination of international monetary policy by the Group of Ten major industrial countries.

Dr. Johnson served as Assistant Secretary of the Treasury 1982–1986, and Deputy Assistant Secretary 1981–1982. While at the Treasury, Dr. Johnson was responsible for the formulation of economic policy initiatives and development of the Administration’s economic forecast for the budget. He was also instrumental in designing the Economic Recovery Tax Act of 1981 and the Tax Reform Act of 1986, which represents the most comprehensive change in U. S. tax law in our history. His performance at the Treasury won him the Alexander Hamilton Award, the department’s highest honor.

Dr. Johnson was born in 1949 in Troy, Alabama. He attended the University of Alabama from 1967 to 1968. In 1968 Dr. Johnson volunteered for the U.S. Army and served with both ranger and special forces units until 1971. He received a B.S. in economics (cum laude) from Troy State University at Troy, Alabama, in 1973, an M.S. in economics from Florida State University at Tallahassee in 1974, and a Ph.D. in economics from Florida State University in 1977. From 1977 to 1994, Dr. Johnson was a professor of economics at George Mason University where he held the Koch Chair in International Economics.

Dr. Johnson’s academic research and writing have been concentrated in the area of political economy and public policy. He is the author and co-author of five books and has published over 50 articles in academic journals and other publications. In addition to his writings, Dr. Johnson has edited a professional journal, and served on three presidential and congressional commissions. He also is currently Chairman of the Board of The National Sporting Library and serves on the board of directors of the Morgan Stanley Funds Group, RBS Greenwich Capital Holdings, NVR Inc. and Evergreen Energy, Inc. From 1997 to 2004 Dr. Johnson was Chairman of the Financial Accounting Foundation (the organization that supervises the preparation of U.S. accounting standards).