WASHINGTON — Federal Reserve Board Governor Susan Schmidt Bies recently announced her departure from the Fed as of March 30, 2007.
Her brief letter of resignation to President George W. Bush read, "My service on the Board has been very rewarding. During the past five years, it has been a distinct privilege to work with fellow Board members to successfully address a wide range of monetary policy and regulatory issues.
"I have deep respect for the talents and leadership demonstrated by the people in the Federal Reserve System, and greatly admire the professionalism and analysis that underlies their policies and decisions.
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