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COMMITTEE REPORT
January 31, 2008
H. 4600
S. Printed 1/31/08--H.
Read the first time January 30, 2008.
To whom was referred a Concurrent Resolution (H. 4600) to request that the Department of Transportation name Exit 190 along Interstate Highway 95 in Dillon County the "Ben Bernanke Interchange" and erect appropriate markers, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
ROBERT W. LEACH, SR. for Committee.
TO REQUEST THAT THE DEPARTMENT OF TRANSPORTATION NAME EXIT 190 ALONG INTERSTATE HIGHWAY 95 IN DILLON COUNTY THE "BEN BERNANKE INTERCHANGE" AND ERECT APPROPRIATE MARKERS OR SIGNS AT THE EXIT THAT CONTAIN THE WORDS "BEN BERNANKE INTERCHANGE".
Whereas, Dr. Ben S. Bernanke grew up in Dillon county, acquiring knowledge and developing integrity and personal skills in rural South Carolina; and
Whereas, this solid foundation is the building block upon which Dr. Bernanke has established an impressive career as an economist, leading him to become highly respected in his field; and
Whereas, on February 1, 2006, he was sworn in as Chairman of the Board of Governors of the United States Federal Reserve System, appointed by President George W. Bush to succeed Alan Greenspan; and
Whereas, he also serves as Chairman of the Federal Open Market Committee, the system's principal monetary policymaking body; and
Whereas, he was previously Chairman of the United States President's Council of Economic Advisers from 2005 to 2006, and a member of the Board of Governors of the Federal Reserve since 2002; and
Whereas, Dr. Bernanke has also served the Federal Reserve System as a visiting scholar at the Federal Reserve Banks of Philadelphia (1987-1990), Boston (1989-1990), and New York (1990-1991, 1994-1996); and a member of the Academic Advisory Panel at the Federal Reserve Bank of New York (1990-2002); and
Whereas, from 1994 to 1996, he was the class of 1926 Professor of Economics and Public Affairs at Princeton University. He was the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs and Chair of the Economics Department at the university from 1996 to 2002. He has been a Professor of Economics and Public Affairs at Princeton since 1985; and
Whereas, before arriving at Princeton, Dr. Bernanke taught at Stanford University, New York University, and the Massachusetts Institute of Technology; and
Whereas, he received his Bachelor of Arts degree in economics from Harvard University (summa cum laude) and a Ph.D. in economics from the Massachusetts Institute of Technology, and is married and has two children; and
Whereas, Dillon County and South Carolina are proud to have Dr. Bernanke as a native son, and would like all who travel Interstate Highway 95 to know that he is from our state. Now, therefore,
Be it resolved by the House of Representatives, the Senate concurring:
That the members of the General Assembly request that the Department of Transportation name Exit 190 along Interstate Highway 95 in Dillon County the "Ben Bernanke Interchange" and erect appropriate markers or signs at this exit that contain the words "Ben Bernanke Interchange".
Be it further resolved that a copy of this resolution be forwarded to the Department of Transportation.
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