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Travel and related expenses on committee business are reimbursable contingent upon the AES HC budget that has been approved by the Board of Governors . Reserve System and the Secretary jointly determine that a particular item or items of information are not currently required to be retained under such section or such regulations ; and `` ( B ) the Secretary determines , after consultation with the Board of Governors of the Federal Reserve System , that the reporting of such information is reasonably necessary to conduct the efforts of the Secretary to identify cross-border money laundering and terrorist financing . Her appointment will be effective July 1 pending the approval of the Board of Regents at their June 17 meeting . It is the sense of the Board that information and data that is important to the Board 's understanding of the business be distributed in writing to the Board before the Board meets . The powers and duties of both the Deans and Director of Libraries are further listed in the statutes as approved by the Board of Regents . A small subcommittee of the Board of Publications and the executive director conferenced last week on the elements of what will go into the job announcement for the editor of " The Braille Forum . Dr. Downes was also the recipient of the Board of Governors Award for Excellence in Teaching ( the fourth year in a row this award has been presented to someone in our department ) . He thought , however , that he should probably get a Doctorate of Science before it went before the Board of pundits . Whether the individual continues to serve on the Board is a matter for determination by the Board . I am pleased to tell you that , in numerous instances , the Department is already addressing many of the Board 's recommendations and we are initiating action on several of the others .