WASHINGTON-Federal Reserve Board Chairman Alan Greenspan has accepted CUNA's invitation to speak at the opening general session of the 2004 Governmental Affairs Conference. Greenspan took office June 20, 2000, as Fed chairman for a fourth four-year term ending June 20, 2004. He also serves as chairman of the Federal Open Market Committee, the principal monetary policymaking body. He originally took office to fill an unexpired term on the board in August 1987. Greenspan was reappointed to the Board to a full 14-year term, which began February 1992 and has been designated chairman by Presidents Ronald Reagan (R), George H.W. Bush (R), and Bill Clinton (D). Other government positions he's held have included chairman of President Gerald Ford's Council of Economic Advisers and chairman of the National Commission on Social Security Reform. Prior to that, Greenspan was chairman and president of Townsend-Greenspan & Co., Inc. for 20 years. Greenspan is a native New Yorker and received his bachelor's degree (summa cum laude), master's degree, and Ph.D. in economics all from New York University. He has also done some advanced graduate study at Columbia University and received many honorary degrees and service awards. Credit unions and other depository institutions fall under the purview of the Fed's regulations. CUNA's 2004 GAC is slated for February 22-25 at the Hilton Washington Hotel in Washington, D.C. CUNA will announce additional GAC speakers as they accept.

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