The Federal Reserve Board announced on August 16, 2002, that Board member Edward M. Gramlich would begin treatment the following Monday for chronic lymphocytic leukemia (CLL)--a form of leukemia that can be treated successfully. Governor Gramlich will be treated with chemotherapy on an outpatient basis at Georgetown University Medical Center. While he will take time off for each treatment, he will continue to fulfill his duties as a Board member. His doctors believe that his prognosis is good. Of the four common forms of leukemia, CLL is the most treatable.