HTML Preview Offical Notice Resignation Letter page number 1.


Board of Governors of the Federal Reserve System
Washington, D. C. 20551
Stanley Fischer
Vice, Chairman
September 6, 2017
The Honorable Donald J. Trump
The President of the United States
The White House
Washington, D.C. 20500
Dear Mr. President:
I am writing to inform you that for personal reasons it is my intention to resign
from the Board of Governors of the Federal Reserve System on or around October 13,
2017.
It has been a great privilege to serve on the Federal Reserve Board and, most
especially, to work alongside Chair Yellen as well as many other dedicated and talented
men and women throughout the Federal Reserve System. During my time on the Board,
the economy has continued to strengthen, providing millions of additional jobs for
working Americans. Informed by the lessons of the recent financial crisis, we have built
upon earlier steps to make the financial system stronger and more resilient and better able
to provide the credit so vital to the prosperity of our country’s households and businesses.
Sincerely,
Stanley Fischer [signature]
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We generate fears while we sit. We over come them by action. Fear is natures way of warning us to get busy. | Dr. Henry Link