CONTACT: Tim Todd
816/881-2308
e-mail: timothy.todd@kc.frb.org

FOR IMMEDIATE RELEASE
April 1, 2005

OMAHA’S WESTSIDE High School Wins,
lawton’s eisenhower high school runner-up IN
2005 REGIONAL fed Challenge Competition

          Omaha, Nebraska’s Westside High School took first place honors while Lawton, Oklahoma’s Eisenhower High School was runner-up at the Federal Reserve Bank of Kansas City’s regional Fed Challenge competition on March 31, 2005

          Westside will advance to the national competition May 14-16 in Washington, D.C., facing seven other Federal Reserve District regional winners at the Federal Reserve Board of Governors.

          At the Fed Challenge competition, five-member student teams prepare a 15-minute presentation analyzing the economy and determining the stance of monetary policy, just as the Federal Reserve’s Open Market Committee does when it meets eight times a year. Teams then face a panel of judges for a question-and-answer session. Scores are based on an understanding of the Federal Reserve and monetary policy, research and analysis, teamwork, and presentation skills.

          Teams competing in the regional competition previously won preliminary events held at the Bank or one of its Branches in Denver, Oklahoma City or Omaha. Other schools competing in the Regional competition were Lakewood High School, Lakewood, Colorado; and Shawnee Mission Northwest High School, Shawnee Mission, Kansas

          Winning students and teachers from the regional competition:

          Westside High School – Omaha, Nebraska
               Students: Ricky Anderson, Yevgeniy Ayol, Amy Gilpin, Steven Liu, Tom Windle,
               Teacher sponsor: Tom Carman

          Eisenhower High School – Lawton, Oklahoma
               Students: Travis Adams, Deborah Dorton, Henry Evans, Lindsay Rother, Megan Wheeler,
               Teacher sponsor: David Bear

   The Federal Reserve Bank of Kansas City serves the Tenth Federal Reserve District, which encompasses the western third of Missouri, Kansas, Nebraska, Oklahoma, Wyoming, Colorado and the northern half of New Mexico. As part of the nation’s central bank, the Bank participates in setting national monetary policy, supervising and regulating numerous commercial banks and bank holding companies, and providing check processing and other services to depository institutions.

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