ABA CONGRATULATES STEPHEN MIRAN ON CONFIRMATION TO SERVE ON FEDERAL RESERVE BOARD

The following information was released by the American Bankers Association:

"We congratulate Stephen Miran on his Senate confirmation to serve on the Federal Reserve Board of Governors. Dr. Miran brings a range of experience in economic policy and financial markets to the position, and his perspective will be a valuable addition to the Fed's discussions on both economic and regulatory matters. We look forward to working with Dr. Miran and his colleagues on the Board to ensure that banks of all sizes can continue to play their critical role powering the U.S. economy and supporting their customers and communities."

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About the American Bankers Association

The American Bankers Association is the voice of the nation's $25 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.7 trillion in deposits and extend $13.1 trillion in loans.