Vice Chairman Ferguson Sworn In To New Term On Board - Brief Article

Federal Reserve Bulletin, Sept, 2001

Vice Chairman Roger W. Ferguson, Jr., on July 26, 2001, took the oath of office to a new term on the Board of Governors of the Federal Reserve System. The oath was administered in the presence of Dr. Ferguson's wife, Annette L. Nazareth, by Chairman Alan Greenspan in the Chairman's office.

President Bush nominated Dr. Ferguson on March 5, and the Senate confirmed him on July 19. He originally took office on November 5, 1997, as a member of the Board to fill an unexpired term. The new Board term expires January 31, 2014.

Separately, Dr. Ferguson was sworn in on October 5, 1999, to a four-year term as Vice Chairman that ends October 5, 2003.