Fed appoints new General Counsel

The Federal Reserve Board on Tuesday 29 Juneannounced the appointment of Scott G. Alvarez as its General Counsel, effective July 1, 2004.

Mr. Alvarez will succeed Virgil Mattingly, who announced in April his intention to retire after thirty years of service at the Board, including fifteen years as General Counsel.

The Board gave thorough consideration to many highly qualified internal and external candidates and Mr. Alvarez was chosen for his exceptional skills, experience and judgment.

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