I would like to begin by thanking President Bush for the confidence he has placed in me and for attending this ceremony. Today marks only the third visit of a President to the Federal Reserve. Franklin D. Roosevelt dedicated this building in 1937 and Gerald R. Ford visited in 1975. Mr. President, you do us a great honor.
Members of the President's economic team and the heads of the federal financial regulatory agencies have also joined us this morning. I have greatly enjoyed collaborating with many of you during my time in Washington, and I look forward to working with you in the future. Thank you for coming. I would like to extend a special welcome to members of Congress.