| For immediate release |
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Statement by Vice Chairman Roger W. Ferguson, Jr.:
"I am honored President Bush has announced his intention to nominate me to serve another term as Vice Chairman of the Federal Reserve Board. "I am particularly mindful that the policy decisions of the Federal Reserve influence the economic well-being of all Americans. I have been privileged to serve as part of this dedicated institution since 1997. I very much look forward to continuing this work with Chairman Greenspan and my colleagues on the Board, upon my confirmation by the Senate." |