FORUM STATEMENT ON THE NOMINATION OF KEVIN WARSH TO SERVE AS FEDERAL RESERVE CHAIR

The following information was released by the Financial Services Forum:

The Federal Reserve is critical to ensuring the economic success of our nationKevin Warsh is the right man for the job of chair.

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

"The Federal Reserve is critical to ensuring the economic success of our nationKevin Warsh is the right man for the job of chair. Warsh brings an unmatched wealth of experience and has a proven track record of guiding our nation's economy through financial crisis and recovery. President Trump understands the need for strong leadership at the Federal Reserve to fulfill its dual mandate while modernizing the institution. The Forum applauds President Trump's nomination and looks forward to working with Warsh to ensure our nation's economic strength for the benefit of all Americans."

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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.