Dallas Fed appoints new president

Richard W. Fisher will become President of the Federal Reserve Bank of Dallas effective from 4 April. Mr Fisher will succeed Robert McTeer, Jr., who resigned on 4 November to become chancellor of the Texas A&M University System.

Mr. Fisher, 55, is currently Vice Chairman of Kissinger McLarty Associates, a strategic advisory firm chaired by Henry Kissinger, the former Secretary of State of the United States of America.

Ray Hunt, Chairman of the Board of Directors of the Federal Reserve Bank of

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