Vern McKinley is an attorney, financial analyst, policy analyst and author specializing in central bank and deposit insurance operations and policy. He has worked the past twelve years in advising a variety of government clients, principally applying his expertise to improving central bank and deposit insurance operations, and banking supervision and regulatory systems for central banks and financial agencies. McKinley has worked on a full range of financial stability issues, including management of central banks; stress testing and failure prediction models; strategies for addressing banking crises, including resolution of problem financial institutions; deposit insurance and bank supervision design; and coordination of interagency actions among multiple financial sector agencies. Prior to his time as an advisor, McKinley worked for 15 years at a number of the US financial agencies, including the Federal Deposit Insurance Corporation (FDIC), Board of Governors of the Federal Reserve, Resolution Trust Corporation and Treasury's Office of Thrift Supervision.



Currently McKinley is finalizing the editing of a book to be published by the Independent Institute that traces the past century of financial institution bailouts in the US, focusing in particular on the most recent financial crisis. In researching the book, he has brought four lawsuits under the Freedom of Information Act against the Board of Governors of the Federal Reserve, FDIC and Federal Housing Finance Agency to secure details on the bailouts. He has also completed work on Central Bank Modernisation, a book on change management in central banks. McKinley co-authored one of the book’s lead chapters and has applied the methodology from the chapter to a number of operations assessments of central banks. In an earlier policy analysis for Cato Institute over a decade before their demise ("The Mounting Case for Privatizing Fannie Mae andFreddie Mac"), McKinley labeled Fannie Mae and Freddie Mac "financial time bombs" and warned that they "expose the federal taxpayer to an ever-increasing potential contingent liability that could ultimately cost tens of billions of dollars to rectify."



Mr. McKinley holds dual bachelors degrees (with honors) in finance and economics from the University of Illinois at Champaign-Urbana and a J.D. (with honors) from George Washington University.



Wikipedia