FOR IMMEDIATE RELEASE: CONTACT:
May 17, 2012 Jen Scungio, 202-457-8759
FORUM COMMENDS SENATE CONFIRMATION OF FEDERAL RESERVE BOARD NOMINEES
WASHINGTON, D.C – Forum President and CEO Rob Nichols released the following statement on today’s Senate confirmation of Harvard University professor Jeremy Stein and former Treasury Department official Jerome Powell to the Federal Reserve Board of Governors:
“We are pleased the Senate has confirmed Jeremy Stein and Jerome Powell to the Federal Reserve Board. As a result, the Federal Reserve Board will be at full strength for the first time since 2006. Stein’s and Powell’s expertise will be critical at this consequential time for our economy."
The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 20 of the largest and most diversified financial services institutions doing business in the United States. The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.
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Press Room
Press Inquiries
For press inquiries please contact:
Laena Fallon
Vice President for Communications
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Phone: (202) 457-8783
Jen Scungio
Associate for Communications & Social Media
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Phone: (202) 457-8759
The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 19 of the largest and most diversified financial services institutions doing business in the United States.
The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.
