TULSA, Okla. – The Center for Indian Country Development at the Federal Reserve Bank of Minneapolis recently appointed Tralynna Scott, Cherokee Nation Businesses chief economist, to its leadership council.
“I’m extremely proud of the work Tralynna undertakes not only to inform Cherokee Nation economic development decisions but also her efforts that reach beyond our tribe,” said Cherokee Nation Principal Chief Chuck Hoskin Jr. “The Center for Indian Country Development is a vital resource for national leaders and the creation of strong, sustainable policies.”
The mission of CICD is to support the prosperity of Native nations through actionable research, policy development and community collaboration. This mission aligns with the Federal Reserve Bank of Minneapolis’ pursuit of a growing economy and stable financial system that work for all U.S. citizens.
“I’m honored to represent Cherokee Nation on the leadership council,” Scott said. “Tribal economies are recovering well since the international health crisis and economic turmoil in 2020. It’s more important than ever that legislation and leadership have a solid foundation in actionable data. The Federal Reserve Bank of Minneapolis has a great reputation, and I’m thrilled to join its Center for Indian Country Development leadership council.”
Scott formerly served as Cherokee Nation treasurer, overseeing the tribe’s more than $1.5 billion budget. Appointed in 2019, Scott undertook the unprecedented rollout of COVID-19 recovery funds.
In 2021, Scott became Cherokee Nation Businesses’ chief economist, providing economic analysis to guide future growth and investment. CNB generates about $2 billion in revenue with an economic impact of about $3 billion to northeast Oklahoma every year.
CNB is one of northeast Oklahoma’s largest employers and has businesses in all 50 states, 26 countries and two U.S. territories.
To learn more about CICD and to review its data resources, go to minneapolisfed.org/indiancountry.