Mark Olson resigns from Fed

Mark W. Olson submitted his resignation Wednesday 21 June as a member of the Board of Governors of the Federal Reserve System, effective June 30, 2006.

Olson, who has been a member of the Board since December 7, 2001, submitted his resignation to President Bush. He is leaving the Board to assume the chairmanship of the Public Company Accounting Oversight Board. He will not attend the June 28-29 meeting of the Federal Open Market Committee.

"Mark's leadership and wide experience in financial se

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