Bob McTeer


Bob McTeer is a Distinguished Fellow at the National Center for Policy Analysis (NCPA) in Dallas, Texas, covering macroeconomic issues and monetary and fiscal policy.

He’s also a CNBC Contributor and serves on the board of several companies.

Bob is best known for his 36-year career with the Federal Reserve System, including almost 14 years as President of the Federal Reserve Bank of Dallas and member of the Federal Open Market Committee (FOMC).

As a Fed policymaker, Bob gained a national reputation as an independent voice, dissenting from the Alan Greenspan majority twice in 1999 and once in 2002.  His outspoken views and plain talk gained him the labels “Lone Star Loner” and “The Lonesome Dove.”  He says he’s been called worse.

Bob’s free-market views in general and his vigorous support of free-trade in particular, gave the Dallas Fed its reputation during his tenure as “The Free-Enterprise Fed.” Bob is a CNBC contributor and also has appeared on CNN, Fox Business channel, Bloomberg TV and Bloomberg Radio, among others.

He’s written columns for the  economics-focused New York Times blog, numerous opinion pieces for The Wall Street Journal and other publications, and has spoken worldwide.

Prior to joining NCPA in January 2007, Bob served for two years as Chancellor of the Texas A&M University System. He currently is economic advisor to Commerce Street Capital and Protiviti, Inc. and serves on the boards of Westwood Holdings, Beal Bank, Refocus Group and Aquinas Companies.

Bob received his Ph.D. in Economics from the University of Georgia with a National Defense Education Act fellowship. He taught there for two years before going to the Federal Reserve Bank of Richmond as an economist in 1968. He became Senior Vice President of the Richmond Fed’s Baltimore Branch in 1980 where he served until he was chosen as president of the Federal Reserve Bank of Dallas in 1991. While in Richmond in the 1970’s Bob taught occasionally in the evening programs of the University of Richmond and Virginia Commonwealth University. During the 1980’s he was an adjunct professor at Johns Hopkins University.

Bob has served as president of the Association of Private Enterprise Education, a national association of free enterprise scholars who advocate market solutions to public policy problems. He also served on the board of the National Council of Economic Education. He served on the Board of Overseers of Georgia’s Terry School of Business where he was named Distinguished Alumnus in 1991.

Bob’s low brow poetry and vignettes have been featured on local community television in Dallas.


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Bob McTeer, Speaker & Consultant