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Federal Reserve System Organization Federal Reserve System Organization 365 Board of Governors December 31, 2008 Members Term expires Office of the Secretary January 31, Jennifer J. Johnson, Secretary Ben S. Bernanke, Chairman1 . 2020 Robert deV. Frierson, Deputy Secretary Donald L. Kohn, Vice Chairman1 . 2016 Margaret M. Shanks, Associate Kevin M. Warsh . 2018 Secretary Randall S. Kroszner . 2008 Elizabeth A. Duke . 2012 Officers Division of International Finance Office of Board Members D. Nathan Sheets Director Michelle A. Smith, Director , Thomas A. Connors, Deputy Director Laricke D. Blanchard, Assistant to the Board Steven B. Kamin, Deputy Director Winthrop P. Hambley, Senior Adviser Joseph E. Gagnon, Associate Director Rosanna Pianalto-Cameron, Assistant to Michael P. Leahy, Associate Director the Board Ralph W. Tryon, Associate Director David W. Skidmore, Assistant to the Board Trevor A. Reeve, Deputy Associate Brian J. Gross, Special Assistant to the Director Board for Congressional Liaison John Rogers, Deputy Associate Director Robert M. Pribble, Special Assistant to Christopher Erceg, Assistant Director the Board for Congressional Liaison Linda S. Kole, Assistant Director Legal Division Dale W. Henderson, Senior Adviser Mark S. Carey, Adviser Scott G. Alvarez, General Counsel Jane Haltmaier, Adviser Richard M. Ashton, Deputy General Counsel Kathleen M. O’Day, Deputy General Counsel Division of Stephanie Martin, Associate General Monetary Affairs Counsel Brian F. Madigan Director Ann Misback, Associate General Counsel , James A. Clouse Deputy Director Katherine H. Wheatley, Associate , General Counsel Deborah J. Danker, Deputy Director Kieran J. Fallon, Assistant General William B. English, Deputy Director Counsel Cheryl L. Edwards, Senior Associate Stephen H. Meyer, Assistant General Director Counsel Andrew T. Levin, Associate Director Patricia A. Robinson, Assistant General William Nelson, Associate Director Counsel Seth B. Carpenter, Deputy Associate Mark E. Van Der Weide, Assistant Director General Counsel Roberto Perli, Deputy Associate Cary K. Williams, Assistant General Director Counsel Gretchen C. Weinbach, Assistant Director 1. The designations as Chairman and Vice Chairman expire on January 31, 2010, and Egon Zakrajsek, Assistant Director June 22, 2010, respectively, unless the service of Stephen A. Meyer, Senior Adviser these members of the Board terminates sooner. Gretchen C. Weinbach, Adviser 366 95th Annual Report, 2008 Board of Governors—Continued Division of Research Norah M. Barger, Deputy Director and Statistics Peter J. Purcell, Deputy Director David J. Stockton, Director Timothy P. Clark, Senior Adviser Patrick M. Parkinson, Deputy Director Nida Davis, Senior Adviser David W. Wilcox, Deputy Director Michael Foley, Senior Adviser Myron L. Kwast, Senior Associate Charles H. Holm, Senior Adviser Director Kevin J. Clarke, Adviser Lawrence Slifman, Senior Associate William F. Treacy, Adviser Director Sarkis Yoghourtdjian, Adviser J. Nellie Liang, Associate Director Barbara J. Bouchard, Associate Director David L. Reifschneider, Associate Betsy Cross, Associate Director Director Gerald A. Edwards, Jr., Associate Janice Shack-Marquez, Associate Director Director Jon D. Greenlee, Associate Director William L. Wascher III, Associate Jack P. Jennings II, Associate Director Director David S. Jones, Associate Director Alice Patricia White, Associate Director Arthur W. Lindo, Associate Director Glenn B. Canner, Senior Adviser William C. Schneider, Jr., Associate Matthew J. Eichner, Senior Adviser Director Stephen D. Oliner, Senior Adviser William G. Spaniel, Associate Director Michael S. Gibson, Deputy Associate Coryann Stefansson, Associate Director Director Molly S. Wassom, Associate Director S. Wayne Passmore, Deputy Associate Director David M. Wright, Associate Director Daniel E. Sichel, Deputy Associate Kevin M. Bertsch, Deputy Associate Director Director Joyce K. Zickler, Deputy Associate James A. Embersit, Deputy Associate Director Director Michael S. Cringoli, Assistant Director Philip Aquilino, Assistant Director Karen E. Dynan, Assistant Director Robert T. Ashman, Assistant Director Diana Hancock, Assistant Director Lisa M. DeFerrari, Assistant Director Michael T. Kiley, Assistant Director Adrienne T. Haden, Assistant Director Michael G. Palumbo, Assistant Director Robert T. Maahs, Assistant Director Robin A. Prager, Assistant Director Richard A. Naylor II, Assistant Director Mary M. West, Assistant Director Nina A. Nichols, Assistant Director Sandra A. Cannon, Assistant Director Dana E. Payne, Assistant Director and Chief Nancy J. Perkins, Assistant Director Daniel M. Covitz, Assistant Director and Sabeth I. Siddique, Assistant Director Chief Eric M. Engen, Assistant Director and Chief Division of Consumer David E. Lebow, Assistant Director and and Community Affairs Chief Sandra F. Braunstein, Director Glenn E. Loney, Deputy Director Division of Banking Supervision Anna Alvarez-Boyd, Associate Director and Regulation Leonard Chanin, Associate Director Roger T. Cole, Director Tonda E. Price, Associate Director Deborah P. Bailey, Deputy Director Maryann F. Hunter, Senior Adviser Federal Reserve System Organization 367 Board of Governors—Continued Allen J. Fishbein, Adviser Todd A. Glissman, Senior Associate Timothy R. Burniston, Assistant Director Director Joseph Firschein, Assistant Director Billy J. Sauls, Senior Associate Director Suzanne G. Killian, Assistant Director Christine M. Fields, Associate Director James A. Michaels, Assistant Director William L. Mitchell, Associate Director James R. Riesz, Associate Director Elaine M. Boutilier, Deputy Associate Division of Director Reserve Bank Operations Charles F. O’Malley, Deputy Associate and Payment Systems Director Louise L. Roseman, Director Keith F. Bates, Assistant Director Donald V. Hammond, Deputy Director Jeffrey R. Peirce, Assistant Director Jeffrey C. Marquardt, Deputy Director Christopher J. Suma, Assistant Director Paul W. Bettge, Senior Adviser Tara C. Tinsley-Pelitere, Assistant Kenneth D. Buckley, Associate Director Director Dorothy LaChapelle, Associate Director Theresa A. Trimble, Assistant Director Jeff J. Stehm, Associate Director Carol A. Sanders, Adviser Jack K. Walton II, Associate Director Gregory L. Evans, Deputy Associate Division of Director Information Technology Lisa K. Hoskins, Deputy Associate Maureen T. Hannan, Director Director Geary L. Cunningham, Deputy Director Susan V. Foley, Assistant Director Sharon L. Mowry, Deputy Director Michael J. Lambert, Assistant Director Wayne A. Edmondson, Associate Director Michael J. Stan, Assistant Director Lisa M. Bell, Assistant Director Leonard J. Tanis, Assistant Director Tillena G. Clark, Assistant Director Glenn S. Eskow, Assistant Director Office of Staff Director Po Kyung Kim, Assistant Director for Management Susan F. Marycz, Assistant Director Raymond Romero, Assistant Director Stephen R. Malphrus, Staff Director for Management Kofi A. Sapong, Assistant Director Charles S. Struckmeyer, Deputy Staff Director Office of Inspector General Sheila Clark, Equal Employment Elizabeth A. Coleman, Inspector Opportunity Programs Director General Lynn S. Fox, Senior Adviser Anthony J. Castaldo, Assistant Inspector Adrienne D. Hurt, Adviser General Laurence A. Froehlich, Assistant Inspector General Management Division Andrew Patchan, Jr., Assistant Inspector H. Fay Peters, Director General Donald A. Spicer, Deputy Director Harvey Witherspoon, Assistant Inspector Michell C. Clark, Deputy Director General 368 95th Annual Report, 2008 Federal Open Market Committee December 31, 2008 Members Officers Ben S. Bernanke, Chairman, Board of Brian F. Madigan, Secretary and Governors Economist Timothy F. Geithner, Vice Chairman, Deborah J. Danker, Deputy Secretary President, Federal Reserve Bank of Michelle A. Smith, Assistant Secretary New York David W. Skidmore, Assistant Secretary Elizabeth A. Duke, Board of Governors Scott G. Alvarez, General Counsel Richard W. Fisher, President, Federal Reserve Bank of Dallas Thomas C. Baxter, Jr., Deputy General Counsel Donald L. Kohn, Board of Governors Richard M. Ashton, Assistant General Randall S. Kroszner, Board of Counsel Governors D. Nathan Sheets, Economist Sandra Pianalto, President, Federal Reserve Bank of Cleveland David J. Stockton, Economist Charles I. Plosser, President, Federal Thomas A. Connors, Associate Economist Reserve Bank of Philadelphia William B. English, Associate Economist Gary H. Stern, President, Federal Steven B. Kamin, Associate Economist Reserve Bank of Minneapolis Loretta J. Mester, Associate Economist Kevin M. Warsh, Board of Governors Arthur J. Rolnick, Associate Economist Harvey Rosenblum, Associate Economist Lawrence Slifman, Associate Economist Alternate Members Mark S. Sniderman, Associate Economist Christine M. Cumming, First Vice Joseph S. Tracy, Associate Economist President, Federal Reserve Bank of New York David W. Wilcox, Associate Economist Charles L. Evans, President, Federal William C. Dudley, Manager, System Reserve Bank of Chicago Open Market Account Jeffrey M. Lacker, President, Federal The Federal Open Market Committee is Reserve Bank of Richmond made up of the seven members of the Board Dennis P. Lockhart, President, Federal of Governors; the president of the Federal Reserve Bank of Atlanta Reserve Bank of New York; and four of the Janet L. Yellen, President, Federal remaining eleven Reserve Bank presidents, Reserve Bank of San Francisco who serve one-year terms on a rotating basis. During 2008 the Federal
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