Federal Advisory Council Explained
The Federal advisory council or (FAC) is a body composed of representatives chosen by each of the twelve Federal Reserve Banks that "consults with and advises the Board on all matters within the Board's jurisdiction."[1] [2]
Membership
- President - William Downe
- Vice President - Lyle R. Knight
- First District - Joseph L. Hooley
- Second District - James P. Gorman
- Third District - Bharat B. Masrani
- Fourth District - James E. Rohr
- Fifth District - Richard D. Fairbank
- Sixth District - Daryl G. Byrd
- Seventh District - David W. Nelms
- Eight District - Bryan Jordan
- Ninth District - Ken Karels
- Tenth District - Stanley A. Lybarger
- Eleventh District - Richard W. Evans, Jr.
- Twelfth District - J. Michael Shepherd
- Secretary - James E. Annable
External links
Notes and References
- Web site: "FRB: Federal Advisory Council". 7 May 2013.
- Book: O'Sullivan
, Arthur
. Arthur O'Sullivan (economist)
. Arthur O'Sullivan (economist) . Steven M. . Sheffrin . Economics: Principles in Action . Pearson Prentice Hall . 2003 . Upper Saddle River, New Jersey 07458 . 551 . 0-13-063085-3.