Federal Advisory Council

The Federal Advisory Council (FAC), which is composed of twelve representatives of the banking industry, consults with and advises the Board on all matters within the Board's jurisdiction. The council ordinarily meets four times a year, the minimum number of meetings required by the Federal Reserve Act. These meetings are always held in Washington, D.C., customarily on the first Friday of February, May, September, and December, although occasionally the meetings are set for different times to suit the convenience of either the council or the Board. Each year, each Reserve Bank chooses one person to represent its District on the FAC, and members customarily serve three one-year terms. The members elect their own officers.

Members

John R. Ciulla, First District

René F. Jones, Second District

Jeffrey M. Schweitzer, Third District

William S. Demchak, Fourth District

Brian T. Moynihan, Fifth District

Rajinder P. Singh, Sixth District

Jeffrey J. Brown, Seventh District

D. Bryan Jordan, Eighth District

Kevin P. Riley, Ninth District

John B. Dicus, Tenth District

Phillip D. Green, Eleventh District

James H. Herbert II, Twelfth District

Herb Taylor, Secretary

Records of the meetings of the Federal Advisory Council

2020 May 7 PDF February 6 PDF

2019 November 22 PDF September 6 PDF May 10 PDF February 8 PDF

2018 December 7 PDF September 7 PDF May 11 PDF February 9 PDF

2017 November 30 PDF September 8 PDF May 12 PDF February 10 PDF

2016 November 30 PDF September 7 PDF May 4 PDF February 3 PDF

2015 December 4 PDF September 3 PDF May 8 PDF February 5 PDF

2014 December 5 PDF September 19 PDF May 9 PDF February 7 PDF

2013 December 6 PDF September 20 PDF May 17 PDF February 8 PDF

2012 December 14 PDF September 14 PDF May 11 PDF February 3 PDF