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The Money Man: The Federal Reserve Bank’s Thomas Hoenig

Crosby Kemper III sits down with Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig to get a unique perspective on the banking industry and the current economic struggles.

In October, Thomas Hoenig retires after working twenty years for the Federal Reserve Bank. Crosby Kemper III sits down with Hoenig in an on location, special edition of The Local Show to get a unique perspective on the banking industry and the current economic struggles.

Thomas M. Hoenig is president and chief executive officer of the Federal Reserve Bank of Kansas City and the senior member of the Federal Reserve System’s Federal Open Market Committee, the key body with authority over national monetary policy in the United States.

Mr. Hoenig directs Federal Reserve activities in the Tenth Federal Reserve District — an area that spans a large portion of the central United States including: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, the northern half of New Mexico, and the western third of Missouri. The Bank is one of 12 regional banks in the Federal Reserve System. In addition to its participation in setting national monetary policy, the Bank is also responsible for supervising and regulating numerous commercial banks and bank holding companies, serving as the bank for the U.S. government and for commercial banks, and providing other payments services to depository institutions.

Mr. Hoenig received his doctorate in economics from Iowa State University. He joined the Federal Reserve Bank in 1973 as an economist and was a senior officer in banking supervision during the U.S. banking crisis of the 1980s. He assumed the role of president on October 1, 1991. He currently serves as chairman of the Federal Reserve Conference of Presidents – Committee on Regulation, Bank Supervision and Legislation. Mr. Hoenig has been especially outspoken about the regulation of the financial industry and the role of monetary policy during the recent crisis.

Mr. Hoenig is host to the Federal Reserve Bank of Kansas City’s economic policy symposium held annually in Jackson Hole, Wyo. The Jackson Hole economic symposium is attended by central bankers from around the world who join leading economists to discuss important issues facing policymakers.

He is a native of Fort Madison, Iowa, and resides in Kansas City, Mo.

Tags: Crosby Kemper III, e203, Economy, Federal Reserve Bank of Kansas City, The Local Show, TLS203

Nothing Gold Can Stay: Frank White

Legendary Kansas City Royals second baseman and hometown hero, Frank White, talks to Randy Mason about his life in baseball and his new role with the T-Bones.

He won eight Golden Gloves and played in five All-Star Games. Frank White played 18 seasons in the major leagues and all of them with the Kansas City Royals. Following his playing career he became a coach and a popular Royals broadcaster. That is until recently when his longtime club unceremoniously dismissed him from his contract.

Now, White is no longer spending his days at the K but across town at CommunityAmerica Ballpark, home to the Kansas City T-Bones, the metros’ minor league ballclub, where he recently took on the job of first-base coach.

Their new season gets underway next week. White joined Randy to talk about his life and career in baseball.

Tags: The Local Show, TLS227

One Year of the KCPA: Julia Irene Kauffman & Shirley Helzberg

Julia Irene Kauffman and Shirley Helzberg reflect on the inaugural year of the Kauffman Center for the Performing Arts.

It’s been a year now since the curtain opened on the much anticipated $415 million Kauffman Center for the Performing Arts. The downtown venue designed by Moshie Safdie has quickly garnered both national and international attention.

Many of the center’s shows have earned rave reviews and there have been countless sold out performances. But one year on, is it meeting expectations?

Joining us for a status report is arts leader and philanthropist Julia Irene Kauffman, who chair’s the center’s board, and Symphony Board President Shirley Helzberg.

Tags: Arts, Dance, Kauffman Center for the Performing Arts, Music, The Local Show, TLS306

Outside the Box: Jim Hinson and the Independence School District

Nick Haines talks to Independence School District Superintendent Jim Hinson about some of the headline grabbing issues that have put Dr. Hinson in the spotlight.

Should you be required to live where you work? The Independence School District thinks so.

A new residency rule is shaking up their top staff. About 60 principals, assistant principals and other Independence School District administrators who live outside the district are now going to have to start house hunting.

A policy just passed by the school board forces administrators to live in the district by February 2015. The idea was insisted upon by superintendent Dr Jim Hinson. But why?

It is just one of the headline grabbing stories that has put Hinson in the news of late. He’s also seen himself on the Today Show and Good Morning America in the last several weeks as the district opts to enroll more than a dozen of its most obese students in a 28 thousand dollar a semester weight loss camp in South Carolina.

Dr. Hinson sat down with Nick Haines on The Local Show.

Tags: Education, Health, Obesity, The Local Show, TLS321

Paving the Way to the Superhighway: Time Warner Cable’s Low Income Plan

Time Warner Cable unveiled a new low cost internet plan for low income families. Parents of children in certain school districts will be eligible in this alternative to Google Fiber. The Local Show was at the press conference where Mayors Sly James and Joe Reardon helped make the announcement.

Much has been made in the news lately about Google Fiber finally hooking up Kansas City homes to its hotly-anticipated high speed network, but there are still lingering concerns about who will be left behind.

A survey this summer found that a quarter of Kansas Citians don’t have broadband Internet access at home. While Google is offering free internet service for a $300 hook-up fee in those neighborhoods that are lucky enough to be part of its roll-out area, that still leaves huge swaths of the metro area without affordable service.

Now Time Warner Cable is getting in on the act by announcing, at a big press conference with both Kansas City Mayor’s, a less than 10 dollar-a-month internet service intended for low income families living in nine area school districts.

Time Warner’s $9.95-a-month plan will allow anyone with a child enrolled in any of these school districts and who’s currently not a Time Warner customer to take advantage of the discount program.

You have until the end of January to apply. We’ll acknowledge that if you don’t have a computer, you won’t be able to check there. Here’s the telephone number in case you want to take advantage of this service: 1-855-746-8704.

Tags: Technology, The Local Show, TLS315

performARTS: Charlotte Street Foundation

This week, in conjunction with KC Studio Magazine, our performARTS Series takes a look at the Charlotte Street Foundation. Named after a house near UMKC where poets, painters and music makers would gather to eat, drink and talk shop, Charlotte Street celebrates turning 15 this year. Randy Mason has more about this unique operation, which through cash awards and other forms of assistance helps the region’s artists do more of what they do best.

Tags: performARTS, The Local Show, TLS228

Picture Book Prestige: April Roy and the Caldecott Medal

Local librarian April Roy talks about her role as a judge for this year's Caldecott Medal.

What do beloved children’s books The Polar Express, Where the Wild Things Are, Madeline and The Invention of Hugo Cabret have in common? They have all been honored by the Caldecott Committee, which annually selects the winner of the prestigious Caldecott Medal. The Caldecott Award honors the nation’s best children’s picture books. Believe it or not, only 15 judges help select the Caldecott prize winner and one of them is from Kansas City. Her name is April Roy and she can normally be found in the children’s section of the Plaza branch of the Kansas City Library. Randy Mason was recently able to pull her away to join us for a conversation on The Local Show.

Tags: Literacy, TLS222

The Power of Public Televison: Paula Kerger

Paula Kerger, president and CEO of the National Public Broadcasting System (PBS), sits down with Kliff Kuehl and Randy Mason for a compelling conversation about the role of public media in a changing America and what is in store for programming at PBS.

The head of PBS was in town last week. Paula Kerger met with top civic leaders and made a keynote address at Union Station inside the boardroom of the Greater Kansas Chamber of Commerce. It’s not everyday we get a visit from the top leader of public television. She stopped by The Local Show with KCPT CEO Kliff Kuehl for a visit with Randy Mason.

Tags: KCPT, Local, Paula Kerger, The Local Show, TLS227

Prairie Village’s Roadside Revelation: John “Topper” Johntz and Art In Abundance

Randy Mason visits the home of John "Topper" Johntz to get a first hand tour of his amazing art collection.

Welcome to our first Local Show of the spring. It is always fun to find a story close to home that you’d somehow managed to miss completely. Like this next one about a local attorney and theatre buff named John “Topper” Johntz. Topper and his wife, Linda, have been quietly amassing a world-class art collection which they open up to various visitors from time to time, including us. Randy and Don the Camera Guy Mayberger headed out to Prairie Village to see the amazing art-filled home the couple has occupied since the 1960s.

Tags: Art, The Local Show, TLS324

Publishing Predicament: Joe Posnanski and Paterno

Former Kansas City Star sports columnist Joe Posnanski sits down with Nick Haines to discuss the joys and tribulations of writing his latest book, Paterno.

The New York Times called it one the most unfortunately timed books of 2012. When former Kansas City Star sports columnist Joe Posnanki moved to State College, Pennsylvania to follow what was likely to be the final season in the six decade long career of Penn State football coach Joe Paterno, he had no idea he would be walking into one of the biggest news stories of the decade and what turned out to be the final tragic months in Joe Paterno’s life.

Posnanski records his experiences in the controversial new book Paterno which hit #1 on the New York Times bestseller list earlier this month.

Tags: Books, The Local Show, TLS306

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