The Federal Reserve Bank of St. Louis , one of 12 regional Reserve Banks, will be headed by James Bullard beginning from April 1.
The board of directors decided that Bullard would be a suitable successor of the retiring president and chief executive, William Poole.
Bullard was previously a vice president and deputy director of research for monetary analysis in the St. Louis Fed's Research Department.
Poole worked for the Fed for about 10 years. From 1985 until his appointment to the St. Louis Bank, Dr. Poole was an adjunct scholar at the Cato Institute which he is going to join this fall as a senior fellow. His plans also include his service as a scholar at the University of Delaware in Newark.
The St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri, and Tennessee. It has branches in Little Rock, Louisville and Memphis.
World's most powerful nuclear submarines, Arkhangelsk and Severstal, are to be dismantled after 2020 - their further exploitation is unprofitable
The United States' Head of Diplomacy, or Secretary of State, is an anachronistic, incompetent, meddling, intrusive, insolent and arrogant, rude individual, a brash, foul-mouthed upstart, a conceited, self-important guttersnipe and an insult to the international community, as fit for the job as a pedophile janitor in a grade school.
Pentagon officials said that Russia has developed a very powerful weapon, which Western specialists have already dubbed as the "doomsday weapon"