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President Obama Appoints Morehouse Trustee Ann Fudge to Fiscal Commission

By ADD SEYMOUR JR.


(March 2, 2010) -- President Barack Obama has appointed Ann Fudge, a member of the Morehouse Board of Trustees, to a new commission that will look for a way to ensure the nation’s fiscal stability.

Fudge was one of four people named to the National Commission on Fiscal Responsibility and Reform, a bipartisan group seeking ideas for balancing the federal budget and improving the nation’s long-term fiscal outlook. The Commission will give its recommendations to Congress by Dec. 1, 2010.

Congressional Republican and Democratic leaders will each choose six others to the 12-member Commission, which will be headed by former White House Chief of Staff Erskine Bowles and former Republican Senate Whip Alan Simpson.

“For far too long, Washington has avoided the tough choices necessary to solve our fiscal problems,” said President Obama. “I am proud that these distinguished individuals have agreed to work to build a bipartisan consensus to put America on the path toward fiscal reform and responsibility. I know they’ll take up their work with the sense of integrity and strength of commitment that the American people deserve and America’s future demands.”

Fudge, who has been a Morehouse trustee since April 2006, was chairman and chief executive officer of Young & Rubicam Brands from 2003 to 2007. Previously, she served in a number of senior executive positions with General Mills and Kraft. Along with her position on the Morehouse Board of Trustees, Fudge has served on the boards of the Gates Foundation, the Rockefeller Foundation, Harvard College and the Boys and Girls Clubs of America. Among her many honors, the graduate of Simmons College and Harvard Business School was named by Money magazine as one of the 50 Most Influential Women in American Business.

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