Six new members of the Federal Reserve Board’s Community Advisory Council (CAC), appointed to three-year terms, were announced by the Fed Friday.
The CAC includes experts and representatives of consumer, workforce, and community development organizations and interests, the Fed said, and provides information, advice, and recommendations to the Fed Board on “relevant policy matters and emerging issues of interest.”
The six new members are:
- Ivye Allen, president of the Foundation for the Mid South (Jackson, Miss.)
- Melanie Hogan, executive director of Linking Employment, Abilities and Potential (Cleveland, Ohio)
- Chan U Lee, president and CEO of Devine & Gong, Inc. (Oakland, Calif.)
- Christie McCravy, executive director of Louisville Metro Affordable Housing Trust Fund (Louisville, Ky.)
- Ceyl Prinster, president and chief executive officer of Colorado Enterprise Fund (Denver, Colo.)
- Eric Robertson, executive director of The Formanek Foundation (Memphis, Tenn.)
These individuals replace former council Chair Marc Norman, Adrian Brooks, Joshua Downey, Andreanecia Morris, Bill Schlesinger, and Jesse Van Tol who all departed at the end of 2021.
The Fed said the council, with 15 members in all and led by incoming Chair Tawney Brunsch and incoming Vice Chair Dan Betancourt, is scheduled to meet May 19 and Oct. 20.