Nominations of Edward W. Kelley, Jr. and Carl D. Covitz : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundredth Congress, first session on the nominations of Edward W. Kelley, Jr., of Texas, to be a member of the Board of Governors of the Federal Reserve System for the unexpired term of fourteen years from February 1, 1976, vice Emmett John Rice, resigned and Carl D. Covitz, of California, to be Under Secretary of Housing and Urban Development, vice Lee L. Verstandig, May 5, 1987.