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Advisory Councils to the Board of Governors

Federal Advisory Council
December 31, 2005

Members

Officers

The Federal Advisory Council, which is a statutory body established under the Federal Reserve Act, consults with, and advises, the Board of Governors on all matters within the Board's jurisdiction. It is composed of one representative from each Federal Reserve District, chosen by the Reserve Bank in that District. The Federal Reserve Act requires the council to meet in Washington, D.C., at least four times a year. In 2005, it met on February 10-11, May 5-6, September 1-2, and December 8-9. The council met with the Board on February 11, May 6, September 2, and December 9, 2005.

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Consumer Advisory Council
December 31, 2005

Members

Officers

The Consumer Advisory Council--a statutory body established pursuant to the 1976 amendments to the Equal Credit Opportunity Act--advises the Board of Governors on consumer financial services. Its members, who are appointed by the Board, are academics, state and local government officials, and representatives of the financial services industry and of consumer and community interests. In 2005, the council met with members of the Board on March 17, June 23, and October 27.

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Thrift Institutions Advisory Council
December 31, 2005

Members

Officers

The Thrift Institutions Advisory Council was established by the Board of Governors to consult with, and advise, the Board on issues pertaining to the thrift industry and on other matters within the Board's jurisdiction. Its members, who are appointed by the Board, represent credit unions, savings and loan associations, and savings banks. In 2005, the council met with the Board on March 4, July 8, and December 2.

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