FORUM APPLAUDS CONFIRMATION OF KEVIN WARSH TO SERVE AS FEDERAL RESERVE CHAIR

The following information was released by the Financial Services Forum:

The Forum looks forward to working with Warsh to advance policies that ensure our banking system remains the best in the world.

Washington, D.C. Financial Services Forum President and CEO Amanda Eversole issued the following statement today after the Senate confirmed Kevin Warsh to serve as the Chair of the Federal Reserve:

"Kevin Warsh has demonstrated his deep understanding of the Fed's role in supporting U.S. economic prosperity. He also understands that a safe, sound and strong financial system benefits and protects all consumers. The Forum looks forward to working with Warsh to advance policies that ensure our banking system remains the best in the world. We thank Chairman Scott, Leader Thune, and President Trump for their work to quickly advance his nomination. The Forum applauds the Senate for their efforts ensure the Fed continues to maintain its independence while fulfilling its critical dual mandate."

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The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. Forum member institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities throughout the country. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.