CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


We consent to the incorporation by reference
in this Post-Effective Amendment No. 74 to
Registration Statement No. 2-29786 on Form
N-1A of our report dated May 18, 2005, relating to the
financial statements of Federated American
 Leaders Fund, Inc., for the year ended March 31, 2005,
and to the reference made to our firm under
 the caption Financial Highlights in the Prospectus and
Independent Registered Public Accounting
Firm in the Statement of Additional Information, both
of which are part of such Registration Statement.

DELOITTE & TOUCHE LLP

Boston, Massachusetts
May 26, 2005