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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: May 30, 2006

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