President Enrique Pena Nieto Honors Dallas Fed President Richard Fisher With Order of the Aztec Eagle Award
DALLAS—Federal Reserve Bank of Dallas President and CEO Richard W. Fisher will receive today the Order of the Aztec Eagle from the Mexican government at a ceremony in Mexico City.
The award, the highest honor granted to non-Mexicans, recognizes Fisher for strengthening the political and economic relationships between Mexico and the United States.
The Order of the Aztec Eagle is granted under the authority of Mexican President Enrique Pena Nieto.
Fisher’s relationship with America’s southern neighbor helped to encourage further cooperation between the authorities of the Banco de México and the Dallas Fed, and his expertise was important for Mexico during the 2008 economic and financial crisis, according to a statement from the Mexican government.
As Dallas Fed president, Fisher has met regularly with Banco de México officials, including governors Guillermo Ortiz and Agustín Carstens, to exchange economic information affecting both Mexico and the United States.
“As a central banker, Mr. Fisher is recognized worldwide as a fierce advocate of price stability as a means to reduce uncertainty, promote investment and generate employment, and for developing the prevention of economic and financial crises through a better regulation and surveillance of financial markets,” the statement said.
In addition, Fisher’s interaction with Mexico has helped to consolidate commercial and financial links between the countries by attracting investors, collaboration between entrepreneurial communities and promotion of a greater integration between the financial sectors, according to the statement.
Fisher was deputy U.S. trade representative with the rank of ambassador from 1997-2001. He oversaw the implementation of the North American Free Trade Agreement, which helped to eliminate trade barriers between the U.S., Mexico and Canada.
Fluent in Spanish, Fisher assumed the role of Dallas Fed president in April 2005. He was born in California and spent his formative years in Mexico.
“I’m extremely grateful to the government of Mexico for honoring me with this award, which will always hold a special place in my heart,” Fisher said. “My fondest childhood memories are from when I lived in Mexico, playing Little League baseball for los Tigres.”