VICE CHAIRMAN FERGUSON ON HIS RENOMINATION TO BOARD OF GOVERNORS.
Federal Reserve Board Federal Reserve Board (FRB) The seven-member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions. member Roger W. Ferguson, Jr. issued the following statement on March 5, 2001:
I am pleased that President Bush has announced his intention to nominate me to a full term on the Federal Reserve Board. My experience on the Board has been enormously gratifying. I'm delighted to have the opportunity to continue my work with Chairman Greenspan and our colleagues on the Board.
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