The Federal Reserve Board has announced that it is seeking nominations for appointments to its Consumer Advisory Council.
The Council advises the Board on the exercise of its responsibilities under various consumer financial services laws and on other matters. Its membership represents the interests of consumers, communities, and the financial services industry. The group meets in Washington, D.C., three times a year.
The Board plans to appoint up to ten members for terms that will begin in January 2011. Appointments are typically for three years. However, the duration of members' terms may be subject to change pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Board will continue to use the Council's advice and expertise during the implementation of the Act.
Letters of nomination with complete information, including a résumé for each nominee, must be received by September 10, 2010. Nominations not received by September 10 may not be considered. Electronic nominations are preferred.
See the press release for full details.