Cleveland Fed President To Step Down

Law360, Washington (August 8, 2013, 6:03 PM EDT) -- The head of the Federal Reserve Bank of Cleveland announced Thursday that she would step down from the her role as CEO and president of the institution early next year, after a decade at the helm.

Sandra Pianalto joined the Cleveland Fed, one of the 12 regional banks that makes up the Federal Reserve system, in 1983 and moved to her current position in 2003.

“It has been an honor to serve as president of the Federal Reserve Bank of Cleveland and to participate on the...
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