Fed's Gramlich resigns to pursue teaching

Edward Gramlich submitted his resignation Wednesday 18 May as a member of the Board of Governors of the Federal Reserve System, effective 31 August. Gramlich is resigning to pursue several teaching and research interests.

Click here to read a copy of Edward Gramlich's resignation letter on the Federal Reserve's website

Gramlich, who has been a member of the Board since November 5, 1997, submitted his letter of resignation to President Bush. In view of his impending departure and in keeping with

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