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To: Craig Freeman who wrote (19102)2/13/2001 12:55:31 AM
From: hueyone  Read Replies (1) | Respond to of 60323
 
federalreserve.gov

"The seven members of the Board of Governors of the Federal
Reserve System are nominated by the President and confirmed by
the Senate (see list at left for current membership). A full term is
fourteen years. One term begins every two years, on February 1 of
even-numbered years. A member who serves a full term may not
be reappointed. A member who completes an unexpired portion of
a term may be reappointed. All terms end on their statutory date
regardless of the date on which the member is sworn into office.

The Chairman and the Vice Chairman of the Board are named by
the President from among the members and are confirmed by the
Senate. They serve a term of four years. A member's term on the
Board is not affected by his or her status as Chairman or Vice
Chairman."

federalreserve.gov

"Dr. Greenspan took office June 20, 2000, as Chairman of the
Board of Governors of the
Federal Reserve System for a
fourth four-year term ending June
20, 2004. Dr. Greenspan also
serves as Chairman of the Federal
Open Market Committee, the System's principal monetary
policymaking body. He originally took office as Chairman and to fill
an unexpired term as a member of the Board on August 11, 1987.
Dr. Greenspan was reappointed to the Board to a full 14-year term
which began February 1, 1992. He has been designated Chairman
by Presidents Reagan, Bush, and Clinton. "