Federal Advisory Council


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Related to Federal Advisory Council: Consumer Advisory Council

Federal Advisory Council (FAC)

Advisory group made up of one representative (in most cases a banker) from each of the 12 Federal Reserve districts. Established by the Federal Reserve Act, the council meets periodically with the Board of Governors to discuss business and financial conditions and make recommendations.

Federal Advisory Council

A committee consisting of representatives from each of the 12 Federal Reserve Banks, along with a President and a Vice President. The FAC conducts research on behalf of the Federal Reserve and advises the Board of Governors on potential policy changes.
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I am honored to represent the Philadelphia Fed and the Third District on the Federal Advisory Council," Mr.
In recognition of his growing banking expertise, Bowen was appointed in 1984-87 to the Federal Advisory Council of the Federal Reserve by the Federal Reserve Bank of St.
Other thorns in the turbines' side have come from the federal Advisory Council on Historic Properties and the National Park Service, which said Nantucket Sound is eligible for listing on the National Register of Historic Places - a designation state officials worry could affect the permitting process for such activities as running ferry services and fishing.
Thus, Federal Advisory Council directives provide the best measure of the banking sector's monetary policy preferences.
ABOUT THE NWBC: The National Women's Business Council (NWBC) is a non-partisan federal advisory council created to serve as an independent source of advice and counsel to the President, Congress, and the U.
The National Women's Business Council is a non-partisan federal advisory council created to serve as an independent source of advice and counsel to the President, Congress, and the US Small Business Administration on economic issues of importance to women business owners.
He expressed these views while addressing the meeting of Provincial Steering Committee of Social Trauma for Federal Advisory Council at Model Town Party Secretariat today.
To help ensure that commercial bankers' concerns would be heard, the act established the Federal Advisory Council, consisting of one representative from each Reserve District elected by the member banks of that District, who acted as the banks' representatives to the Board.
The Federal Advisory Council, which is a body of bankers, has asked the Federal Reserve to consider restricting Wal-Mart's (NYSE: WMT) access to offering certain financial services.

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