NEW YORK – The Federal Reserve Bank of New York today launched the Community Advisory Group (CAG), composed of leaders of nonprofit and community organizations from throughout the Federal Reserve’s Second District. CAG members will provide the New York Fed a real-time view of the issues faced by a diverse set of communities across the Second District. The CAG’s first meeting will take place on April 19, 2017.
The New York Fed currently has several other advisory councils, including ones focused on small business and agriculture, the regional economy and community depository institutions. The CAG is unique because it focuses on understanding the economic needs and realities of individuals and households from a range of communities and geographies.
Read the full article on the Federal Reserve website.