Release Date: February 16, 2011
For immediate release
The Federal Reserve Board announced Wednesday that the Consumer Advisory Council will hold its next meeting on Thursday, March 10. The meeting will take place in Dining Room E, Terrace Level, in the Board's Martin Building. The session will begin at 9:00 a.m. and is open to the public. For security purposes, anyone planning to attend the meeting should register no later than Tuesday, March 8, by completing the form found online. Attendees must present photo identification to enter the building and should allow sufficient time for security processing.
The Council's function is to advise the Board on the exercise of its responsibilities under various consumer financial services laws and on other matters on which the Board seeks its advice. Time permitting, the Council will discuss the following topics:
- Foreclosure issues
- Neighborhood stabilization and real estate owned (REO) issues
- Proposed rules regarding debit card interchange fees and routing
Reports by committees and other matters initiated by Council members may also be discussed. The Board invites comments from the public on any of these matters.