Advisory group made up of one representative (in most cases a banker) from each of the 12 Federal Reserve districts. Established by the Federal Reserve Act, the council meets periodically with the Board of Governors to discuss business and financial conditions and make recommendations.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). federal advisory council (fac). Retrieved October 1, 2026, from http://smartdefine.org/federal_advisory_council_(fac)/definitions/1153691 |
| Chicago | Barry Goldsmith. 2010. "federal advisory council (fac)" http://smartdefine.org/federal_advisory_council_(fac)/definitions/1153691 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, federal advisory council (fac), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/federal_advisory_council_(fac)/definitions/1153691>. |
| MLA | Barry Goldsmith. "federal advisory council (fac)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/federal_advisory_council_(fac)/definitions/1153691> |