Federal Advisory Council

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."{{cite web|title="FRB: Federal Advisory Council"|url=http://www.federalreserve.gov/aboutthefed/fac.htm|accessdate=7 May 2013}}{{cite book

| last = O'Sullivan

| first = Arthur

| authorlink = Arthur O'Sullivan (economist)

| first2 = Steven M. | last2 = Sheffrin

| title = Economics: Principles in Action

| publisher = Pearson Prentice Hall

| year = 2003

| location = Upper Saddle River, New Jersey 07458

| pages = 551

| isbn = 0-13-063085-3}}

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

References

External links

[http://www.federalreserve.gov/aboutthefed/fac.htm Federal Advisory Council at the Federal Reserve]
[https://fraser.stlouisfed.org/title/1152 Minutes and Recommendations of the Federal Advisory Council, 1914-1968]

Category:Federal Reserve System