AP reporter Christopher Rugaber writes that Susan M. Collins PhD ’84 will be the next president of the Federal Reserve Bank of Boston. “Dr. Collins brings the technical expertise and insight to contribute to policymaking and the leadership ability to head the organization,” said Christina Paxso and chair of the Boston Fed’s Board of Directors.
Susan M. Collins PhD ’84 has been selected as the next president of the Federal Reserve Bank of Boston, “the first woman of color selected to lead one of the 12 regional Fed branches since the central bank system was created in 1914,” reports Larry Edelman for The Boston Globe. “A common theme throughout my career has been commitment to the mission of public service to improve lives — whether through education, research, or policy,” said Collins.
Susan M. Collins PhD ‘84 has been named the next president of the Federal Reserve Bank of Boston, reports Michael S. Derby for The Wall Street Journal. “Throughout my career, I have been driven by a commitment to leveraging research, education and public service to improve lives,” says Collins. “I look forward to helping the bank and system pursue the Fed’s dual mandate from Congress – achieving price stability and maximum employment.”
The Tyee reporter Andrew Nikiforuk spotlights research conducted by Alex Siegenfeld SB ‘15, PhD ‘22, Yaneer Bar-Yam SB ’78, PhD ’84, and their colleagues to better understand the hesitancy behind accepting the efficacy of mask wearing. “There weren’t any studies that conclusively showed masks were not effective, yet common sense just got undervalued,” says Siegenfeld.
Boston Globe correspondent Rose Pecci spotlights Joseph Applegate, a linguist who was the first appointed Black faculty member at MIT. Applegate “had a 60-year career in languages. By the end of his career, he knew 13 of them and was considered an expert on the Berber tongues of North Africa.”
Quaise Energy, a startup out of MIT’s Plasma Science and Fusion Center, has developed a millimeter wave drilling system to access layers of rock that reach over 700 degrees Fahrenheit, making geothermal power more accessible, reports Adele Peters for Fast Company. “Wind and solar [power] take up quite a bit of land,” writes Peters. “If geothermal power can be affordable anywhere, it could help fill an important gap in getting to 100% renewable electricity.”
Writing for Bloomberg Law, Prof. Jacopo Buongiorno, Elina Teplinsky of Pillsbury Winthrop Shaw Pittman and Jessica Lovering of Good Energy Collective make the case for nuclear power playing an important role in the transition to clean energy. “Because of the immensity of the looming crisis, no single energy source can be the climate silver bullet,” they write.
Prof. David Rand and Prof. Gordon Pennycook of the University of Regina in Canada found that people improved the accuracy of their social media posts when asked to rate the accuracy of the headline first, reports Faye Flam for Bloomberg. “It’s not necessarily that [users] don’t care about accuracy. But instead, it’s that the social media context just distracts them, and they forget to think about whether it’s accurate or not before they decide to share it,” says Rand.
Symmetry Magazine reporter Stephanie Melchor spotlights the work of Sylvester James “Jim” Gates, Jr. ’73, PhD ’77, a theoretical physicist “committed to ensuring young people have access to educational resources.” Melchor notes that during his time at MIT, Gates “started a tutoring program for MIT students called the Black Student Union Tutorial Program. He says it was during this tutoring that he realized he loved teaching.”
Yuanming Hu SM’19, PhD ’21 and Ye Kuang co-founded startup Taichi Graphics, a cloud-based platform which aims to make 3D content creation easier to develop, share and collaborate on, reports Rita Liao for TechCrunch. “Undergirding the platform is its open-source programming language Taichi, which offers a high-performance computation on spatially sparse data structures like those from 3D visual graphics,” writes Liao.
WHDH spotlights MIT scientists who have created a new material as strong as steel and as light as plastic. “There is excitement because that may open up whole new classes of materials that are strong in new kinds of ways,” says Prof. Michael Strano.
MIT scientists have created a new strong yet light material that could be mass produced and used as coatings for cars, phones or even as building material for bridges, reports CBS Boston. “We don’t usually think of plastics as being something that you could use to support a building, but with this material, you can enable new things,” says Prof. Michael Strano.
Researchers from MIT and the Federal Reserve Bank of Boston have developed a theoretical, high-performance transaction processor for a Central Bank Digital Currency using open-source software, reports Jason Brett for Forbes. "What is clear is that open-source software provides an important way to collaborate, experiment, and implement,” says Neha Narula, director of MIT’s Digital Currency Initiative. “In addition to supporting collaboration, monetary systems benefit from transparency and verifiability, which open-source offers."
Fast Company reporter Mark Wilson writes that MIT researchers have developed a new type of material that is two times stronger than steel with just one-sixth the material bulk. “The material has implications for everything from how we build the gadgets we hold in our hands to the buildings we live in,” writes Wilson.
MIT researchers have developed a new material that is as strong a steel but as light as plastic, reports Michelle Shen for USA Today. “It can be easily manufactured in large quantities, and the use cases range from lightweight coatings for cars and phones to building blocks for massive structures such as bridges,” writes Shen.