May 30, 2006

Statement by Chairman Bernanke regarding Secretary Snow

For immediate release

Statement by Federal Reserve Board Chairman Ben S. Bernanke

"I have greatly enjoyed the opportunity to work with Secretary Snow. I commend him for his years of dedicated and able service. Mr. Paulson is highly respected throughout the financial world. I look forward to a close working relationship with him in this new role."

Last Update: May 30, 2006