Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.

Thank you. Are there any questions or comments? Approved without objection. Next on the agenda is a proposed change to Committee rules. We received a memo from Scott Alvarez and Debbie Danker, which concerns how a backup would be appointed in case the Desk Manager was unable to serve. Are there any questions for our colleagues on that memo?

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