About the Council
The Advisory Council on Small Business, Community and Economic Development, Agriculture and Labor comprises diverse leaders who are experts in a broad range of industries or come from organizations that serve vulnerable populations. Council members advise Bank leadership about current economic conditions and emerging issues in their industries and communities. These discussions help inform Fed leadership who then contribute to national monetary policy decisions.
Map of Council Member Locations
 
Community and Economic Development Sub-Council
Small Business, Agriculture and Labor Sub-Council
            “The Fed has access to numerous data resources, but data alone can’t tell the full story of the state of the
            economy. Our council members offer a range of timely, “boots on the ground” perspectives that help us
            understand how
            people and businesses are doing across our District. We use that information to guide our policy
            making.”
            —Anna Paulson, Former Executive Vice President and Director of Research, Federal
                Reserve Bank of Chicago