Regional President Speech

1 Conference on New Series Currency Introductory comments June 19, 1991 I. WARM WORDS OF WELCOME. A. GREAT PLEASURE TO WELCOME ALL OF YOU TO THIS CONFERENCE. 8. HAPPY TO HAVE OPPORTUNITY TO HOST THIS MEETING. 1. THE DEVELOPMENT AND INTRODUCTION OF NEW CURRENCY HAS BEEN A LONG-TERM, VERY COMPLICATED PROJECT. 2. GLAD WE CAN HELP OUT AS WE BEGIN THE STRETCH RUN IN THIS PROJECT. C. FIRST MAJOR CHANGE IN DESIGN OF CURRENCY SINCE 1929--MYRIAD OF FACTORS TO CONSIDER. D. REQUIRED EXTENSIVE COOPERATION AND COORDINATION AMONG THE TREASURY, THE FED, AND PRIVATE COMMERCIAL FIRMS. Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 E. COOPERATION TYPIFIED BY ATTENDANCE AT THIS CONFERENCE, WHICH INCLUDES REPRESENTATIVES FROM THE TREASURY AND THE BOARD OF GOVERNORS, AS WELL AS PUBLIC INFORMATION AND CASH OFFICERS FROM THE FED BANKS. II. LIKE TO EXTEND A SPECIAL WELCOME TO A FEW INDIVIDUALS JOINING US TODAY. A. FIRST OF ALL, THE MEMBERS OF THE ADVANCED COUNTERFEIT DETERRENCE STEERING COMMITTEE: -THE CHAIR~ OF THE COMMITTEE, AND THE TREASURER OF THE UNITED STATES, CATALINA CATHI VILLALPANDO, 0 WHO WILL BE ADDRESSING THIS AUDIENCE; YfZ£.'/A H J 70NDD &-h~ ~ -WTDJJ™ EBERT, SPECIAL AGENT IN CHARGE OF THE U.S. SECRET SERVICE; @ -WILLIAM HENDRICKS, FIRST VICE PRESIDENT AT THE CLEVELAND FED AND CHAIRMAN OF THE COMMITTEE ON CASH SERVICES OF THE FED'S CONFERENCE OF FIRST VICE PRESIDENTS; Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 B. AND SCHEDULED TO ARRIVE SHORTLY, THE TWO REMAINING ACD STEERING COMMITTEE MEMBERS: -PETER DALY, DIRECTOR OF THE BUREAU OF ENGRAVING AND PRINTING; AND -TED ALLISON, STAFF DIRECTOR FOR FEDERAL RESERVE BANK ACTIVITIES FROM THE BOARD OF GOVERNORS; C. WE ARE ALSO PLEASED TO HAVE WITH US TODAY: -DAVID RYDER, DEPUTY TREASURER OF THE U.S.; AND -STEVE GIBSON, PRESS SECRETARY IN THE TREASURER'S OFFICE. D. FROM THE BUREAU OF ENGRAVING AND PRINTING: -TOM FERGUSON, DEPUTY ASSOCIATE DIRECTOR, AND PAUL FREY, CHIEF; to"f) { M£ l-t'1V -CHARLOTTE MEHU ON, THE MANAGER OF THE CURRENCY PUBLIC AWARENESS PROGRAM; AND -IRA POLIKOFF, CHIEF IN THE OFFICE OF PUBLIC AFFAIRS; Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 E. AND FINALLY, FROM THE U.S. SECRET SERVICE: -DOUG DAVIS, SPECIAL AGENT. ,;tuo F. ALSO WANT TO WELCOME CASH AND PUBLIC INFORMATION t<. -SAM SMITH, SENIOR VICE PRESIDENT AT THE CLEVELAND FED AND CHAIRMAN OF THE FED'S SUBCOMMITTEE ON CASH SERVICES; AND -SANDRA PINALT O, VICE PRESIDENT AT THE CLEVELAND FED AND CHAIRMAN OF THE FED'S SUBCOMMITTEE ON PUBLIC INFORMATION. Ill. THINK THE IMPORTANCE AND COMPLEXITY OF THIS PROJECT IS INDICATED BY THOSE IN ATTENDANCE. A. BEEN MY EXPERIENCE THAT YOU NEED AN EXCEPTIONAL PERSON IN CHARGE DURING A COMPLICATED PROJECT OF THIS SORT. 8. SOMEONE WITH THE ABILITY TO BALANCE VARIOUS INTERESTS AND BRING TOGETHER DIVERSE VIEWPOINTS. Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5 C. CLEAR AND EFFECTIVE COMMUNICATION IS ESSENTIAL- NOT ONLY BETWEEN THE GOVERNMENT AND THE PUBLIC, BUT ALSO WITHIN THE GOVERNMENT AMONG THE VARIOUS AGENCIES INVOLVED IN THE PROJECT. D. VERY FORTUNATE TO HAVE SUCH A LEADER IN CATALINA Ce,'l AH: PO/\J oo/ v1LLALPANDO. ( \} E. SWORN IN AS THE TREASURER OF THE UNITED STATES ON DECEMBER 11, 1989. 1. HAS OVERSIGHT OF THE U.S. MINT AND BUREAU OF ENGRAVING AND PRINTING, AND SERVES AS NATIONAL DIRECTOR FOR THE SAVINGS BOND DIVISION. 2. IN ADDITION, AS I MENTIONED EARLIER, SHE CHAIRS THE ADVANCED COUNTERFEIT DETERRENCE STEERING COMMITTEE. IV. EXPERIENCE IN GOVERNMENT AND IN THE PRIVATE SECTOR PREPARED HER WELL FOR HER CURRENT RESPONSIBILITIES. (\I ££'I AH f ONPoJ A. EARLY IN HER CAREER, MS. VILLALPANDO SERVED AS A BUSINESS SPECIALIST WITH THE U.S. DEPARTMENT OF Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6 COMMERCE AND AS A CONGRESSIONAL LIAISON FOR THE OFFICE OF ECONOMIC OPPORTUNITY. B. WENT ON TO GAIN EXPERIENCE IN THE PRIVATE SECTOR WITH MID-SOUTH OIL COMPANY IN DALLAS--SERVED A~ ~ VICE PRESIDENT IN CHARGE OF PUBLIC RELATIONS--ONl=Y --" _/j u~ s ~v~ C--;, ~ '-9- ~ -FEMAL-E-eN BOARD OF DIRECTORS. C. MOVED TO WASHINGTON, D.C. IN 1981 TO JOIN THE WHITE HOUSE OFFICE OF PRESIDENTIAL PERSONNEL, ASSISTING IN RECRUITING PRESIDENTIAL AND OTHER HIGH-LEVEL APPOINTEES. D. LATER WAS WHITE HOUSE SPECIAL ASSISTANT FOR PUBLIC LIAISON TO PRESIDENT REAGAN. 1. COORDINATED COMMUNITY AND ETHNIC RELATIONS AND DEVELOPED PROGRAMS ON ISSUES AFFECTING THE HISPANIC COMMUNITY. E. IN 1985, SHE RETURNED TO THE PRIVATE SECTOR AS SENIOR VICE PRESIDENT OF COMMUNICATIONS ~~-----~,<J-~ ~d'\A.R-...d) JhlTERNATIONAL I~ ., A MULTI-NATIONAL TELECOMMUNICATIONS COMPANY. Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7 1. DIRECTED ALL PUBLIC RELATIONS AND MARKETING ACTIVITIES FOR COMPANY'S NORTHEAST REGION. V. ACTIVE IN A VARIETY OF CIVIC ORGANIZATIONS AND HAS RECEIVED NUMEROUS HONORS AND AWARDS. A. TO MENTION JUST A FEW--SHE'S A MEMBER OF THE NATIONAL HISPANIC HALL OF FAME; AND WAS FEATURED IN A REPLICA MAGAZINE AS 11WOM(iN OF THE YEAR.11 ALSO CHAIRED THE REPUBLICAN NATIONAL HISPANIC ASSEMBLY AND IS AN ACTIVE BOARD MEMBER OF THE NATIONAL ASSOCIATION OF LATINO ELECTED AND APPOINTED OFFICIALS AND OF THE SOUTHWEST VOTER REGISTRATION AND EDUCATION PROJECT. 8. CLEARLY A PERSON WITH THE CREDENTIALS TO HANDLE V THIS VERY COMPLICATED JOB. 't9 ~·i(_t4.J~/~ \ ~ , C L ,'r.JAr- c. VERY GREAT HONOR TO INTRODUCE CA?I It VILLALPANDO. ~ ( \Ii~"] ft }t PON DO ) Digitized for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis

Silas Keehn (1991, June 18). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_19910619_silas_keehn

@misc{wtfs_regional_speeche_19910619_silas_keehn,
  author = {Silas Keehn},
  title = {Regional President Speech},
  year = {1991},
  month = {Jun},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_19910619_silas_keehn},
  note = {Retrieved via When the Fed Speaks corpus}
}