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A
MOTION
To
Appoint Inceee to Lieutenant Governor of the Federal Reserve Bank
Submitted by: DonTrillions | Governor - FRB
Date: 08/08/2025
Category: Administrative
MOTION
To
Appoint Inceee to Lieutenant Governor of the Federal Reserve Bank
Submitted by: DonTrillions | Governor - FRB
Date: 08/08/2025
Category: Administrative
With the recent transition of Stoppers from Governor to Lieutenant Governor, and his subsequent decision to resign from the position, the Federal Reserve Board must promptly appoint a successor to ensure continuity of leadership and operational stability.
Inceee’s record of dedication, collaborative approach to policy execution, and understanding of FRB operations make them a strong candidate to assume the duties of Lieutenant Governor. Their appointment will ensure that the Governor is supported in executing the FRB’s mandate of monetary stability, economic oversight, and transparent governance.
(i) Role Assignment
Inceee is hereby nominated to assume the role of Lieutenant Governor of the Federal Reserve Bank, effective upon approval by the Federal Reserve Board.
(ii) Responsibilities
The Lieutenant Governor shall:
- Support the Governor in implementing monetary policy and managing FRB operations.
- Serve as Acting Governor in the event of the Governor’s absence or incapacity.
- Oversee special projects and departmental initiatives as delegated by the Governor.
- Coordinate interdepartmental communication to ensure efficient execution of Board decisions.
(i) Board Approval
This motion requires formal ratification by a majority vote of the Federal Reserve Board.
(ii) Transition Period
Upon approval, the Governor’s Office shall initiate a handover process to brief the Lieutenant Governor on ongoing projects, operational priorities, and strategic initiatives.
(iii) Public Communication
A joint statement from the Governor and newly appointed Lieutenant Governor will be issued to reaffirm the FRB’s commitment to transparency, effective governance, and economic stability.
This appointment shall take effect immediately upon passage by the Federal Reserve Board.
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