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Fed Appoints new General Counsel
On Thursday, July 6, 2017, the Fed appointed Mark E. Van Der Weide as General Counsel, effective later this summer. Mr. Van Der Weide will succeed Scott G. Alvarez, who announced in February his intention to retire after nearly 36 years of service to the Federal Reserve Board, including more than 12 years as head of the Legal Division. Since 2010, Mr. Van Der Weide has held positions in the Board's Division of Supervision and Regulation, most recently as Deputy Director. In that role, he and his team advised the Division Director and Board Members on financial regulatory policy issues.
In 2009 and 2010, Mr. Van Der Weide was detailed to the U.S. Treasury Department, where he participated in efforts to implement financial reform legislation. Mr. Van Der Weide worked in the Board's Legal Division from 1998 to 2009, after spending two years as an associate in the Washington, D.C. office of Cleary, Gottlieb, Steen & Hamilton. He earned a B.A. degree in history and philosophy from the University of Iowa in 1992 and a J.D. from Yale Law School in 1995.