Los Alamos National Bank Chairman and CEO William C. Enloe had to turn down an invitation from Lt. Gov. Diane Denish to serve on her transition advisory team because he’s been appointed to the Federal Reserve Board.
“They called and asked me if I would accept if appointed and I said I would,” said Enloe during an interview Monday. “They vetted me and made sure I wasn’t involved in party politics.”
Enloe attended his first board meeting last week in Kansas City, Mo., where or six hours he enjoyed listening to four different economists speak, he said.
In January, Enloe will attend his first meeting as a full voting member, which will be held in Denver. Twice a year Enloe will attend Federal Open Market Committee meetings in New York City.
He will contribute input to the FOMC, which is the most important monetary policymaking body of the Federal Reserve System. It is responsible for formulation of a policy designed to promote economic growth, full employment, stable prices, and a sustainable pattern of international trade and payments.
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