Edwin M. Truman, senior fellow at the Peterson Institute for International Economics since 2001, served as assistant secretary of the U.S. Treasury for International Affairs from December 1998 to January 2001 and returned as counselor to the secretary March to May 2009. He directed the Division of International Financne of the Board of Governors of the Federal Reserve System from 1977 to 1998. From 1983 to 1998, he was one of three economists on the staff of the Federal Open Market Committee. Truman has been a member of numerous international groups working on the economic and financial issues, and has been a visiting economics lecturer at Amherst College and a visiting economics professor at Williams College. He has published on international monetary economics, international debt problems, economics development, and European economic integration. He is the author, coauthor, or editor of Sovereign Wealth Funds: Threat of Salvation? (2010), Reforming the IMF for the 21st Century (2006), A Strategy for IMF Reform (2006), Chasing Dirty Money: The Fight Against Money Laundering (2004), and Inflation Targeting in the World Economy (2003).