Pending SMOKEDCHIEF FRB GOVERNOR APPOINTMENT

[Stoppers]

A
MOTION
To

Appoint SmokedChief to Governor of the Federal Reserve Bank​

Submitted by: Stoppers
Date: 18 March 2025
Classification: Administrative

1. Justification​

To uphold the Federal Reserve Board's (FRB) mandate of ensuring monetary stability and fostering confidence in financial markets, continuity of leadership and strategic foresight remain paramount. SmokedChief’s distinguished record in financial management, risk management, and economic prowess aligns with the FRB’s priorities in our era of evolving market dynamics. The undersigned Governor, having overseen key reforms to improve the FRB’s frameworks, now proposes a transition to Lieutenant Governor.

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2. Leadership Transition​

(i) Appointment of Governor
SmokedChief is hereby nominated to assume the role of Governor of the Federal Reserve Bank, effective upon approval by the Federal Reserve Board.

(ii) Transition of Current Governor
The undersigned Governor (Stoppers) shall transition to the role of Lieutenant Governor.

(iii) Responsibilities

• The incoming Governor shall assume authority over monetary policy decisions, regulatory oversight, and public communications.
• The Lieutenant Governor will provide strategic counsel, facilitate knowledge transfer, and oversee special projects as delegated by the Governor.

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3. Implementation​

(i) Board Approval
This motion requires formal ratification by a majority vote of the Federal Reserve Board.

(ii) Transition Period
Within 48 hours of approval, the Office of the Governor shall coordinate a structured handover, including briefings on active policies, risk exposure protocols, and stakeholder introductions.

(iii) Public Communication
A joint statement from the incoming Governor and Deputy Governor will be issued to affirm the FRB’s commitment to stability, innovation, and transparency.

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5. Effective Date​

Upon passage by the Federal Reserve Board.