The Federal Reserve Board of Governors in Washington, D.C., is accepting applications from individuals for membership on the External LinkCommunity Advisory Council (CAC). Founded in 2015, the CAC is made up of a diverse group of experts and representatives of consumer and community development organizations. The national CAC is distinct from the Community Development Advisory Council that provides insight to the Federal Reserve Bank of Kansas City’s community development team.
Community insights into emerging issues
The CAC advises the Board on issues affecting consumers and communities. This perspective complements two of the Board’s other advisory councils whose members represent depository institutions – the Community Depository Institutions Advisory Council and the Federal Advisory Council.
The CAC provides feedback and insight on policy matters and emerging issues of interest to the Board to assist in carrying out the Federal Reserve’s mission and responsibilities. These responsibilities include banking supervision and regulatory compliance, systemic risk oversight and monetary policy decision-making, and implementation of the Community Reinvestment Act.
Unique perspectives valued
The Board is interested in candidates with expertise in labor, housing, community development and climate resiliency, and community development and disabilities advocacy. Individuals who have applied in past years are encouraged to apply in 2021.
Applications open through June 11
Electronic submissions of applications through the Board’s website or email are preferred. If you are interested in being considered for appointment to the CAC, please see the External Linkapplication. Emailed submissions may be sent to CCA-CAC@frb.gov. If electronic submission is not feasible, submissions may be mailed to the Board of Governors of the Federal Reserve System, Attn: Community Advisory Council, Mail Stop I-305, 20th Street and Constitution Ave. NW., Washington, D.C. 20551. The Board will accept applications through 11:59 PM EDT on June 11, 2021.
If you have questions about the selection process or the duties and responsibilities of CAC members, please contact the Board at CCA-CAC@frb.gov.