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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: russwinter who wrote (13374)10/13/2004 4:32:27 PM
From: mishedlo  Read Replies (1) of 116555
 
McTeer to step down from FED.

"Everything was fine when I left."

WASHINGTON (CBS.MW) -- Robert McTeer, the president of the Fed Bank of Dallas, has been named as the sole finalist for the chancellorship of the Texas A&M University system. Under Texas law, the Texas A&M System Board of Regents cannot vote on the nomination until Nov. 4 to allow for public comment. McTeer has headed the Dallas Fed since February 1991. He became known as the "Lonesome Dove" for being the only FOMC member to vote against Fed rate hikes in June and August 1999.
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