Opening Statements of Committee Members

Opening Statement of Senator Rick Santorum (R-PA)

Hearing on the Nomination of Jay Johnson, of Wisconsin, to be the Director of the Mint; and
Kathryn Shaw, of Pennsylvania, to be a Member of the Council of Economic Advisors.
2:00 p.m., Thursday, February 24, 2000

Chairman Gramm, I am pleased that the Committee is considering the nomination of Dr. Kathryn Shaw to be a member of the Council of Economic Advisors. Dr. Shaw has spent a majority of her professional career in Pennsylvania where she has been teaching at the Graduate School of Industrial Administration at Carnegie Mellon University (CMU). Indeed, I am pleased to have this opportunity to offer a few remarks on her behalf.

Throughout Dr. Shaw's academic career, her work focused primarily on microeconomics with an interest in macroeconomic issues. In 1981, she began as an Assistant Professor of Economics at CMU. Following her advancement to Associate Professor and subsequent tenure, Dr. Shaw now serves as Professor. Throughout her eighteen years at CMU, she published extensively in the areas of labor economics with a recent focus on human resource management. Her papers have been published in leading economic journals, including the American Economic Review and the Journal of Political Economy.

Outside of the academic setting, Dr. Shaw had the distinction of serving as Visiting Economist at the Federal Reserve Board where she focused on employment policy and forecasting. Based on her research, she has received several awards and honors including: the Minnesota Award for Employment Research in 1998, and membership on the National Science Foundation Advisory Panel and the National Bureau of Economic Research. She was also recognized as one of the top 50 economists in her profession just four years ago.

Mr. Chairman, I want to thank you again for the opportunity to recognize the fine work of Dr. Shaw. Her impressive resume is fortified by proven experience that has been recognized through wide publication of her research; honors and distinctions granted by various professional organizations; and her tenure at the nationally renowned Carnegie Mellon University. I believe she is uniquely qualified to serve as a member of the Council of Economic Advisors, and I strongly recommend the committee's swift and favorable consideration of her nomination.