April 2, 2014 at 12:33 PM
The Westfield High School Fed Challenge Team has advanced to the semi-final round in the 18th annual Fed Challenge. The team competed in the preliminary round held at the New York Federal Reserve Bank in NYC on Thursday, March 20, against 90 teams from Connecticut, Long Island, the five boroughs, and Northern New Jersey.
The Westfield team scored 38 out of 40 in the round with the commentary from the judges calling it an outstanding presentation. Westfield will be among the 20 teams to compete in the semi-final round on April 10 with the hope of moving on to the final five that afternoon
This year's team consists of (l-r) Evan Garfinkel, Jake Wasserman, Will Crenshaw, Matt Micele, and Erica Millwater, pictured here in the New York City financial district following the preliminary round. Westfield High School Social Studies teacher Thomas Hornish was assisted throughout the year by colleague Jim Lane. Westfield has been a participant in the Fed Challenge since 1999 and has been to the semi-final round 10 times and to the finals 5 times. The Fed Challenge high school competition is an educational program that aims to encourage students to learn more about the Federal Reserve System and to spur interest in economics and finance as the basis for a possible career.