Chairman Alan Greenspan names Governor Donald L. Kohn as designee.Federal Reserve Board Chairman Alan Greenspan Alan Greenspan Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. named on August 17, 2005, Governor Donald L. Kohn to replace Governor Edward M. Gramlich as the Chairman's designee des·ig·nee n. A person who has been designated. on four federal loan guarantee boards, effective September 1, 2005. Governor Gramlich's resignation from the Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply. , became effective August 31, 2005. Governor Kohn will serve as chairman of the Air Transportation Stabilization Board The Air Transportation Stabilization Board is an office of United States Department of the Treasury set up after the September 11, 2001 attacks to offer loans to troubled US airlines. External links
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