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Philadelphia Federal Reserve Names Vice President in Supervision, Regulation, and Credit Department

For release: August 9, 2002
Contact: Kathy Woodbury, (215) 574-4119

PHILADELPHIA - The Federal Reserve Bank of Philadelphia has announced the appointment of William W. Lang to Vice President in the Bank's Supervision, Regulation, and Credit Department. Lang was deputy director for Special Studies for the Office of the Comptroller of the Currency in Washington, D.C. Prior to that, he served as assistant professor in economics at Rutgers University.

He also was a visiting senior economist at the Philadelphia Fed. Lang is a member of the American Economic Association, Atlantic Economic Association, and Financial Management Association. He serves on the program committee for the Atlantic Economic Society.

Lang is a recipient of several Department of Treasury Special Act Awards. He holds a doctorate, master's degree of philosophy, and master's degree in economics from Yale University. He has a bachelor's degree from the City College of New York.

The Federal Reserve Bank of Philadelphia serves depository institutions in eastern Pennsylvania, southern New Jersey, and Delaware. The Bank supplies cash to these banks and thrifts, supervises them, collects and processes about 5 million checks daily, wires money and securities nationwide, as well as participates in the broader objective of setting monetary policy.

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