Fed Governors sworn in

Northwestern Financial Review, Sep 1-Sep 14, 2002

[national summary]

Donald L. Kohn and Ben S. Bernanke have taken the oath of office as members of the Board of Governors of the Federal Reserve System. President Bush announced his intention to nominate Kohn and Bernanke on May 8. The Senate confirmed them on July 31. Kohn was nominated to a vacant seat last held by Laurence H. Meyer, whose term expired January 31, 2002. Kohn's term expires January 31, 2016. Bernanke was nominated to the seat vacated by the resignation of Edward W Kelley, Jr. on December 31, 2001. The term expires January 31, 2004.