Current Activity
The Dallas Fed is the nation's central processor for Treasury coupons and manages the national Electronic Transfer Account program, processes checks for federal benefit recipients. The Dallas Fed also focused on research dealing with maquiladoras and other U.S.-Mexico border economics. The president, as of 2005, is Richard W. Fisher, the former vice chairman of Kissinger and Associates. His predecessor, who served from 1991–2005, was Robert D. McTeer.
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Famous quotes containing the words current and/or activity:
“A reaction: a boat which is going against the current but which does not prevent the river from flowing on.”
—Victor Hugo (1802–1885)
“A worm is as good a traveler as a grasshopper or a cricket, and a much wiser settler. With all their activity these do not hop away from drought nor forward to summer. We do not avoid evil by fleeing before it, but by rising above or diving below its plane; as the worm escapes drought and frost by boring a few inches deeper.”
—Henry David Thoreau (1817–1862)