The following is taken directly from the Resource Center at the Treasury Department.
Who/What is the Treasury Borrowing Advisory Committee (TBAC)?
The Treasury Borrowing Advisory Committee ("Borrowing Committee”) of The Securities Industry and Financial Markets Association (SIFMA) is an advisory committee governed by federal statute that meets quarterly with the Treasury Department. The Borrowing Committee’s membership is comprised of senior representatives from investment funds and banks. The Borrowing Committee presents their observations to the Treasury Department on the overall strength of the U.S. economy as well as providing recommendations on a variety of technical debt management issues. The Securities Industry and Financial Markets Association does not participate in the deliberations of the Borrowing Committee.
Treasury Borrowing Advisory Committee Members
CHAIRMAN
Matthew E. Zames
Managing Director
JP Morgan Chase
383 Madison Avenue
New York, NY 10179
VICE CHAIRMAN
Ashok Varadhan
Managing Director
Goldman, Sachs & Co.
200 West Street
New York, NY 10282
Curtis Arledge
Vice Chairman, CEO, Asset Mgmt.
BNY Mellon
One Wall Street
New York, NY 10286
Richard A. Axilrod
Managing Director
Moore Capital Management, Inc.
1251 Avenue of the Americas
New York, NY 10020
Ian G. Banwell
CEO & CIO
Round Table IMC
214 North Tryon Street
Charlotte, NC 28202
Jason Cummins
Managing Director
Brevan Howard
1776 I Street NW
Washington, DC 20006
Dana Emery
Executive Vice President
Dodge & Cox
555 California Street
San Francisco, CA 94104
Paul Tudor Jones II
Co-Chairman & CIO
Tudor
1275 King Street
Greenwich, CT 06831
Walter J. Muller III
Chief Investment Officer
Bank of America
600 Peachtree Street
Atlanta, GA 30308
Jeffrey S. Phlegar
President
Alliance Bernstein
1345 Avenue of the Americas
New York, NY 10105
Ruth Porat
Executive VP, CFO
Morgan Stanley
1585 Broadway
New York, NY 10036
Stephen Rodosky
Managing Director
PIMCO
840 Newport Center Drive
Newport Beach, CA 92660
Stuart Spodek
Managing Director
BlackRock
55 East 52nd Street
New York, NY 10055
Richard Tang
Head of Fixed Income Sales, Americas
RBS
600 Washington Boulevard
Stamford, CT 06901
Stephen A. Walsh
Chief Investment Officer
Western Asset Mgmt. Co.
385 East Colorado Blvd.
Pasadena, CA 91101
Now, here's the question you gotta ask yourself.
Who's interests are being discussed when the Treasury Borrowing Advisory Committee meets with the Borrowing Committee.
Which of course, is what I keep sayin' ..... still.
If anyone can figure out the signature on the cartoon, I'd like to link it to the source.