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F ederal reserve Ba n k DALLAS, TEXAS of Dallas 75222 Circular No. 80-123 June 18, 1980 SOLICITATION OF NOMINATIONS FOR MEMBERS OF THE CONSUMER ADVISORY COUNCIL TO ALL BANKS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: The Board of Governors of the Federal Reserve System announced on June 2, 1980, it is seeking from the public additional nominations of qualified individuals for eight appointments to its Consumer Advisory Council. Nomi nations received will be added to the list of nominees submitted in 1979. All individuals whether nominated last year or this year will be considered by the Board of membership on the 1981 Council. The Consumer Advisory Council was established by Congress in 1976, a t the suggestion of the Board, to advise the Board on the exercise of its duties under the Consumer Credit Protection Act and on other consumer-related m atters. The Board, therefore, is especially interested in candidates who are familiar with issues in the area of consumer credit and other financial services. The Council is presently made up of 30 members with a wide range of experience in the area of consumer credit. The Council meets four times a year for approximately a day and a half to advise the Board on its responsibilities regarding consumer credit legislation and regulation. Council members who are not Federal employees are paid $100 for each day spent attending and traveling to and from meetings. Printed on the following pages is a copy of the Board's announcement which lists the names, affiliations, and term s of office of current Council members. Nominations should be submitted in writing to Ms. Janet Hart, Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, Washington, D.C. 20551, and should be received no later than August 1, 1980. The nominee's name, address, and phone number should be included, along with past and present positions held, and special knowledge, interests, or experience relating to consumer m atters. Sincerely yours, Ernest T. Baughman President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) Notice FEDERAL RESERVE SYSTEM CONSUMER ADVISORY COUNCIL Solicitation of Additional Nominations for Members of Consumer Advisory Council The Board of Governors is seeking from the public additional nominations of qualified individuals for eight appointments to its Consumer Advisory Council. Nominations received will be added to the list of nom inees submitted in 1979. All individuals whether nominated last year or this year will be considered by the Board for membership on the 1981 Council. The Consumer Advisory Council was established by the Congress in 1976, at the suggestion of the Board, to advise the Board on the exercise of its duties under the Consumer Credit Protection Act and on other consumerrelated matters. The Board, therefore, is especially interested in candidates who are familiar with issues in the area of consumer credit and other finan cial services. The Council by law represents the interest of both consumers and the financial community. Each year nearly 400 individuals are recommended for membership on the Council, of which generally 10 can be chosen. This year, however, only eight can be selected. Inasmuch as the Council's membership generally is intended collectively to represent all interests in the area of consumer financial services regulations, the Board's appointments are made with a view toward complementing the qualifications of continuing Council members in terms of affiliation and geographic representation. For these reasons, many highly qualified and interested nominees will not have an opportunity to serve on the Council next year. Similarly, every interested group cannot be represented on a 30-member body in any one year. Generally, the Council meets four times a year for approximately a day and a half. Council members who are not federal employees are paid $100 for each day spent attending or traveling to and from meetings. Nominations should be submitted in writing to Janet Hart, Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, Washington, D.C. 20551, and must be received no later than August 1, 1980. Nominations should include the name, address and telephone number of the nominee, past and present positions held, and special knowledge, interests, or experience relating to consumer matters. This information will made available for public inspection and copying upon request, except as provided in § 261.6(a) of the Board's Rules Regarding Availability of Information. The names, affiliations, and terms of office of the current Council members follow: -2 - MEMBERS OF THE 1980 CONSUMER ADVISORY COUNCIL Chairman William D. Warren Dean U.C.L.A. School of Law Los Angeles, California December 31, 1980 Vice Chairman Marcia A. Hakala Assistant to the Vice Chancellor The University of Nebraska Medical Center Omaha, Nebraska December 31, 1980 Julia H. Boyd Alexandria, Virginia December 31, 1982 Roland E. Brandel, Partner Morrison & Foerster San Francisco, California December 31, 1980 Ellen Broadman Attorney Consumers Union Washington, D.C. December 31, 1982 James L. Brown, Director Center for Consumer Affairs University of Wisconsin Extension Milwaukee, Wisconsin December 31, 1981 Mark E. Budnitz Associate Professor Emory University School of Law Atlanta, Georgia December 31, 1981 Robert V. Bullock Assistant Attorney General Commonwealth of Kentucky Frankfort, Kentucky December 31, 1980 * Date indicates expiration of term. Richard S. D'Agostino Senior Vice President Girard Bank Philadelphia, Pennsylvania December 31, 1982 Joanne S. Faulkner Attorney New Haven Legal Assistance Association, Inc. New Haven, Connecticut December 31, 1982 Vernard W. Henley President Consolidated Bank and Trust Company Richmond, Virginia December 31, 1982 Juan Jesus Hinojosa Partner Hinojosa & Ortiz McAllen, Texas December 31, 1982 Shirley T. Hosoi Assistant Vice President, Marketing Western Bancorporation Los Angeles, California December 31, 1982 F. Thomas Juster Director Institute for Social Research Survey Research Center University of Michigan Ann Arbor, Michigan December 31, 1982 Richard F. Kerr Operating Vice President Federated Department Stores Cincinnati, Ohio December 31, 1981 Robert J. Klein Senior Editor Money Magazine New York, New York December 31, 1980 -3 - Harvey M. Kuhnley President and Chairman of the Board Twin City Federal Savings & Loan Association Minneapolis, Minnesota December 31, 1981 Robert J. McEwen, S.J. Professor of Economics Boston College Chestnut Hill, Massachusetts December 31, 1982 R. C. Morgan, President Government Employees Federal Credit Union of El Paso El Paso, Texas December 31, 1980 Margaret Reilly-Petrone Professor of Economics Montclair College Upper Montclair, New Jersey December 31, 1982 Rene Reixach Staff Attorney Greater Upstate Law Project Rochester, New York December 31, 1982 Florence M. Rice, President Harlem Consumer Education Council New York, New York December 31, 1981 Ralph Rohner, Professor Catholic University Law School Washington, D.C. December 31, 1981 Henry B. Schechter, Director Office of Housing and Monetary Policy AFL-CIO Washington, D.C. December 31, 1981 Peter D. Schellie, Partner Baker & Daniels Washington, D.C. December 31, 1982 E. G. Schuhart Farmer and Rancher Dalhart, Texas December 31, 1980 Charlotte H. Scott Professor of Business Administration and Commerce University of Virginia Charlottesville, Virginia December 31, 1982 Richard A. Van Winkle, President Lockhart Finance Company Salt Lake City, Utah December 31, 1981 Richard D. Wagner, President Wagner Ford Sales, Inc. Simsbury, Connecticut December 31, 1980 Mary W. Walker, President National Bank of Walton County Monroe, Georgia December 31, 1981 Chairman Emeritus Leonor K. Sullivan-Archibald St. Louis, Missouri December 31, 1980 Board of Governors of the Federal Reserve System, June 2, 1980 (signed) Theodore E. Allison Theodore E. Allison Secretary of the Board [SEAL]