Board staff changes. (Announcements).

The Board of Governors approved on August 19, 2002, the appointment of Mary West to Assistant Director and a change in the responsibilities for William L. Wascher, Assistant Director.

Mary West will have oversight responsibilities for the Financial Reports Section. The section is responsible for activities supporting the Federal Reserve System's reports and statistical functions, including administering the Federal Reserve's report review and clearance program for all data series collected for policy, regulatory, and supervisory purposes; developing reporting systems, forms, instructions, and procedures; and coordinating report clearance and implementation throughout the System and with other agencies. Ms. West joined the Board's staff in 1976 and was promoted to chief of the Financial Reports Section in 1992. Ms. West holds a bachelor's degree from Brown University and a master's degree in business management from Central Michigan University.

William L. Wascher will move from his current position as Assistant Director and Chief of the Macroeconomic Analysis Section to a position of Assistant Director. The Macroeconomic Analysis Section handles a broad range of current analysis, forecasting, and research assignments for the Division of Research and Statistics in the area of macroeconomics, labor economics, business and household behavior, and energy and agricultural markets. Mr. Wascher will continue to have oversight responsibility for the Macroeconomic Analysis Section and will handle more division-wide project assignments.