# Professor Kim Schoenholtz's co-authored letter to Representative Patrick McHenry, Vice Chairman of the House Financial Services Committee, is highlighted

1 Faculty News February 6, 2017 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from the [Financial Times](https://ftalphaville.ft.com/2017/02/06/2183955/snap-av-dear-vice-chair-mchenry/) -- "Here’s a letter from a couple of noteworthy American economists — Stephen Cecchetti, a former head of the monetary and economic policy department at the BIS, and [Kermit Schoenholtz](http://www.stern.nyu.edu/faculty/bio/kim-schoenholtz), a former chief economist at Citi who now teaches at the Stern School of Business. It’s a response to that McHenry chap, from the House financial services committee who’s worried about Janet Yellen ‘UnfaiRLy PENALIZING American fiNANce!!"

[Read more](https://ftalphaville.ft.com/2017/02/06/2183955/snap-av-dear-vice-chair-mchenry/)