Statement By NYSE Chairman And CEO Dick Grasso Re: White House Announcement Of John Snow As U.S. Treasury Secretary Nominee

"John Snow is an outstanding nominee for Treasury Secretary. Jack is steadfast in his commitment to sound business practices and corporate governance reform. He is a proven leader and brings a balanced mix of outstanding public/private experience as a result of his roles at CSX, at the Business Roundtable, and in the Ford administration. As President Bush moves forward with his agenda for America's economic growth, Jack's abilities and resourcefulness will serve as tremendous assets for our nation and our partners throughout the world."