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Federal Advisory Council
December  31, 2009



The Federal Advisory Council--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 2009, it met on February 5-6, April 30, May 1, September 10-11, and December 3-4. The council met with the Board on February 6, May 1, September 11, and December 4, 2009.

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