Online form makes it easier to recommend candidates
LEXINGTON, Ky. (Oct. 13, 2016) — The Federal Reserve Bank of Cleveland, which includes territories in Northern and Eastern Kentucky, is seeking public recommendations for its nine business advisory councils and three boards of directors. Recommendations can be made online.
The Cleveland Fed seeks input from qualified individuals who hail from a wide spectrum of industries, organizations, and geographic regions within our District and who are diverse in backgrounds and perspectives.
The information helps bank officials keep their fingers on the pulse of our region, informs Bank economists about changing economic conditions and trends, and helps our Bank president to prepare for meetings of the Federal Open Market Committee (FOMC), the Federal Reserve System’s chief monetary policymaking body.
The Federal Reserve Bank of Cleveland currently has nine business advisory councils, including ones in Lexington and Cincinnati. The councils meet with senior bank officials throughout the year in their respective regions of the District. Council members are selected to serve a two-year term and may serve more than one term.
The Federal Reserve Bank of Cleveland’s main office board of directors provides oversight for the Bank’s operations, under the general supervision of the Federal Reserve Board of Governors. The nine-member board consists of three classes of directors, a structure designed to ensure that directors bring a variety of perspectives to board discussions. Directors serve three-year terms for up to two terms.