Federal Advisory CouncilThe 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 Thursday 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. Show MembersRonald P. O'Hanley, First District Marianne Lake, Second District Jeffrey M. Schweitzer, Third District William S. Demchak, Fourth District Brian T. Moynihan, Fifth District Rajinder P. Singh, Sixth District David R. Casper, Seventh District D. Bryan Jordan, Eighth District Andrew Cecere, Ninth District Jill Castilla, Tenth District David Zalman, Eleventh District Nandita Bakhshi, Twelfth District Herb Taylor, Secretary Luba Romanyuk, Deputy Secretary Records of the meetings of the Federal Advisory Council
Back to Top Last Update: August 17, 2022 The Council of Economic Advisers gives the president advice on domestic and international economic policy. Agency DetailsWebsite:Council of Economic Advisers Contact:Contact the Council of Economic Advisers Main Address:The White House Government branch:Executive Office of the President Parent Agency
Who is in charge of the economy?The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.
Who is President Biden's chief economic advisor?Ben Harris (economist). Who is the current assistant to the President for economic policy?The National Economic Council is headed by the Assistant to the President for Economic Policy and Director of the National Economic Council. Since January 20, 2021, that position has been held by Brian Deese.
What does the chief economic advisor do?The Council of Economic Advisers (CEA) advises the President on macroeconomic matters and is comprised of a chair and two other members. The CEA's aim is to advise and formulate economic policy for the White House and to ensure that all government departments promote the economic agenda of the executive branch.
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Who is the main advisory to the President about monetary issues
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