Also that day, Fed Chairman Ben Bernanke, Fed board member Sarah Bloom Raskin and Federal Deposit Insurance Corp.
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As a member of the Fed board, Tarullo would have an important voice in deciding crucial policy to help jolt the economy back to life.
If so, logic says that much like Volcker before him, Bernanke has not only just control, but also some amount of credibility with the Fed board members beneath him.
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The policy announcement was approved unanimously by the Federal Open Market Committee, the group of Fed board members in Washington and Fed regional bank presidents who set the federal funds rate.
As analysts survey the inflation "hawks" and "doves" on the Fed board, Greenspan, who embraces theories of a technology-driven New Economy, is seen as having a more lenient interest-rate bent than Clinton appointee Laurence Meyer.
If that sounds to you, as it does to me, that the Chairman of the Fed wants to move in the same direction as Brown-Vitter on capital requirements for megabanks, keep in mind that there are only seven members of the Fed Board.
The 51-year-old former Fed governor and Princeton University economist was considered a top candidate, in part, because of his close relationship with Mr. Bush, who named Bernanke to the Fed Board in 2002 and chairman of his Council of Economic Advisers earlier this year.
At the Journal of Monetary Economics, every single member of the editorial board is or has been affiliated with the Fed and 14 of the 26 board members are presently on the Fed payroll.
He won two supporting votes with the addition of Janet Yellen and Sarah Bloom Raskin to the Fed's Board of Governors, and could get another if the full Senate gets around to confirming nominee Peter Diamond this year.
Paulson and former New York Fed Chairman (and current Goldman Sachs board member) Stephen Friedman will join Treasury Secretary and former New York Fed president Timothy Geithner and others, though the three will appear separately.
The Fed also loosened restrictions on board memberships and communications with bank boards.
They have to find a way to integrate back into society or we all pay the bill of the room and board at Club Fed.
Brent Nutt told the Associated Press that while those on board were being fed, his wife, a passenger, told him the vessel was becoming increasingly dirty.
Fed funds futures traded on the Chicago Board of Trade have been indicating an 88% likelihood that rates would rise as the Fed ended its regular two-day meeting this week.
November Fed funds futures trading on the Chicago Board of Trade rose 0.13, to 95.0, indicating traders expect the fed funds rate to be cut to 5.00% from 5.25% in the next few months .
Bernanke responded that in his more than four years on the Fed's policy-making board, he had never heard anyone suggest any adjustment in policy should be made because of an upcoming election.
"I said no, " said the message to Fed General Counsel Scott Alvarez and several board governors.
New England Patriots owner Robert Kraft is a former board member of the Boston Fed.
That appointment will be made by the board of the New York Fed.
To review, there are 9 board seats of the NY Fed.
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Ford wanted him to move to Detroit to become head of product development, but Mr Reitzle was getting fed up reporting to anyone but a board.
Now, lunch on the slopes might mean sinking into a burger made from local, grass-fed beef or snacking on a cheese board comprised of artisanal offerings.
He and the board inquired about getting the Fed and Treasury's commitment to giving more aid in writing, rather than just leaving it as verbal assurances before the transaction closed.
There are 3 seats selected by the Board of Governors of the NY Fed to represent the public.
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This is Greenspan's first venture into talking with a business contact about Fed policy since he stepped down from the board in January 2006.
Miller, I believe, may be the only Fed Chairman to have the majority of his own Board of Governors vote against him at an FOMC meeting.
But by 1993, when former Fed Chairman Greenspan provided the House banking committee with a breakdown of the number of economists on contract or employed by the Fed, he reported that 189 worked for the board itself and another 171 for the various regional banks.
Nevertheless, commodities across the board are higher on growing expectations for more Fed action.
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On Tuesday, he was formally renominated for a fifth successive term by President George Bush, and now looks set to remain as Fed chairman until 2006, when his tenure on the board expires.
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