Denis M. Hughes is chairman (formerly acting chairman and deputy chair) and Class C director of the New York Federal Reserve Board, as well as president of the 2.5-million-member New York State AFL-CIO. In 2003, Hughes was elected to the board of directors of the Federal Reserve Bank of New York, and currently serves as chair of the Management and Budget Committee, and is a member of the Audit Committee of the Federal Reserve Bank of New York.
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