Partners (Spring 1997)

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Governor Lindsey Will Be Missed

On February 5, 1997, Lawrence B. Lindsey announced his resignation from the Board of Governors of the Federal Reserve System. Governor Lindsey joined the American Enterprise Institute as a resident scholar and will hold the Arthur F. Burns Chair in Economics. He will also serve as Managing Director of Economic Strategies, an economic advisory service based in New York City.

Lindsey Governor Lindsey served on the Board of Governors for over five years, acting as Chairman of the Board's Consumer and Community Affairs Committee. A strong advocate of community development lending and investment activities, he also served as Chairman of the Board of the Neighborhood Reinvestment Corporation.

Active in the Federal Reserve's Sixth District, Governor Lindsey generously devoted his time to touring redevelopment activities in many communities, most notably New Orleans and Atlanta, and he was a featured speaker at numerous conferences and seminars.

Governor Lindsey received many honors and awards over the years, and he has been widely quoted for his insight into monetary policy, tax policy, and community development.

His contributions to community development activities have been significant and we will miss his presence.

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