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FEDERAL RESERVE BANK OF NEW YORK [ Circular No. 9304 June 4, 1982 ~| CONSUMER ADVISORY COUNCIL Request For Nominations T o A ll D e p o s i t o r y I n s titu tio n s , a n d O th e r s C o n c e r n e d , in th e S e c o n d F e d e r a l R e s e r v e D i s t r i c t : The Board of Governors of the Federal Reserve System is seeking nominations from the public for 13 appointments to its Consumer Advisory Council. The following is quoted from the text of the statement issued by the Board of Governors: Nominations should be submitted in writing to Dolores S. Smith, Assistant 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 2, 1982. Nominations should include the name, address, and telephone number of the nominee, past and present positions held, and special knowledge, interests, and experience related to consumer financial matters. The Consumer Advisory Council was established by 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 consumer-related matters. The Council meets four times a year. Nominations may be sent to this Bank, to the attention of George R. Juncker, Manager, Consumer Affairs and Bank Regulations Department, who will pass your suggestions on to the Board of Governors. Printed on the following pages is the text of the Board’s formal notice in this matter, which includes a complete list of the current members of the Consumer Advisory Council. A nthony M . S olomon , President. FEDERAL RESERVE SYSTEM Consumer Advisory Council; Soli cit atio n of Nominations for Membership AGENCY: Board of Governors of the Federal Reserve System. ACTION: Soli cit atio n of nominations for membership on the Board's Consumer Advisory Counci 1. SUM ARY: The Board is asking the public to nominate qualified individuals M for 13 appointments to i t s Consumer Advisory Council. Nominations should include the name, address, and telephone number of the nominee, together with information about past and present positions held, special knowledge, i n t e r e s t s , and experience related to consumer credit or other financial services. It is contemplated that the Board will announce i t s selection of new members by mid-November. DATE: Nominations should be received by August 2, 1982. ADDRESS: Nominations should be mailed to Dolores S. Smith, Assistant Director, Division of Consumer and Community A ff a ir s , Board of Governors of the Federal Reserve System, Washington, D. C. 20551. FOR FURTHER INFORM ATION CONTACT: Ann Marie Bray, Staff Assistant, Division of Consumer and Community A ffa irs , Board of Governors of the Federal Reserve System, Washington, D. C. 20551, (202) 452-2412. SUPPLEMENTARY INFORMATION: The Consumer Advisory Council was established by the Congress in 1976 to advise the Board on the exercise of i t s duties under the Consumer Credit Protection Act and on other consumer-related matters. The Council by law represents the interests both of consumers and of the financial community. M embers serve three-year terms that are staggered to provide the Council with continuity. Thirteen new members will be selected this f a l l , to replace members whose terms expire on December 31, 1982. The Board is particularly interested in candidates w are familiar with issues in the area of consumer credit and ho other financial services. In making the new appointments, the Board also will seek to complement the qualifications of continuing Council members in terms of a f f i l i a t i o n and geographic representation. Each year the nominations have numbered in the hundreds. With only 13 vacancies, this means that many highly qualified and interested individuals will not have the opportunity to serve and that not every interested group can be represented. The Council meets four times a year for approximately a day and a half . Council members are paid $100 for each day spent attending or traveling to and from meetings. Nominations should be submitted in writing to Dolores S. Smith, Assistant Director, Division of Consumer and Community A f f a i r s , Board of Governors of the Federal Reserve System, Washington, D. C. 20551, and must be received no later than August 2, 1982. Nominations should include the name, address and telephone number of the nominee, past and present positions held, and special knowledge, in te r es ts , or experience relating to consumer financial matters. This information will be made available for public inspection and copying upon request, except as provided in § 261.6(a) of the Board's Rules Regarding A v a i la b i li t y of Information. The Board expects to announce i t s selection of new members by mid-November. The names and a f f i l i a t i o n s of current Council members (and the expiration date of their term of office) follow: Chai rm an Charlotte H. Scott Professor of Business Administration and Commerce University of Virginia C h ar lo tt es vi ll e, Virginia December 31, 1982 Joseph N. Cugini President & General Manager Westerly Community Credit Union Westerly, Rhode Island December 31, 1983 Vice Chairman Richard S. D'Agostino Senior Vice President Gi rard Bank Philadelphia, Pennsylvania December 31, 1982 Margaret Reilly-Petrone Professor of Economics Montclair College Upper Montclair, N Jersey ew December 31, 1982 Members Arthur F. Bouton Presi dent American Association of Retired Persons L i t t l e Rock, Arkansas December 31, 1983 Julia H. Boyd Certified Public Accountant Alexandria, Virginia December 31, 1982 Susan Pierson De Witt Assistant Attorney General and Chief of Consumer Protection State of I l l i n o i s Springfield, I l l i n o i s December 31, 1983 Joanne Faulkner Attorney N Haven Legal Assistance ew Association, Inc. N Haven, Connecticut ew December 31 , 1982 Ellen Broadman Counsel for Government Affairs Consumers Union Washington, D.C. December 31, 1982 Meredith Fernstrom Vice President, Consumer Affairs American Express Company N York, N York ew ew December 31, 1984 Gerald R. Christensen President and Chairman of the Board F i r s t Federal Savings and Loan Association Salt Lake City, Utah December 31, 1984 A1len J . Fishbein Di rector Neighborhood Revitalization Project Center for Community Change Washington, D.C. December 31, 1984 E. C. A. Forsberg, Sr. President and Chief Executive Officer Gulf Finance Corporation Atlanta, Georgia December 31, 1984 Stanley L. Mularz President Trans Union Credit Information Company Chicago, Illinois December 31, 1983 Luther R. Gatling President Budget & Credit Counseling Service New York, New York December 31, 1983 William J. O'Connor, Jr. Partner Phillips, Lytle, Hitchcock, Blaine & Huber Buffalo, New York December 31, 1983 Vernard W. Henley President Consolidated Bank and Trust Company Richmond, Virginia December 31, 1982 Willard P. Ogburn Deputy Director National Consumer Law Center Boston, Massachusetts December 31, 1984 Juan Jesus Hinojosa Partner Hinojosa & Ortiz McAllen, Texas December 31, 1982 Shirley T. Hosoi Vice President, Franchising First Interstate Bancorp Los Angeles, California December 31, 1982 George S. Irvin President George Irvin Chevrolet Dc-r-ver, CDlorado December 31, 1983 Harry N. Jackson Vice President, Credit Dayton Hudson Corporation Minneapolis, Minnesota December 31, 1984 F. Thomas Juster Di rector Institute for Social Research Survey Research Center University of Michigan Ann Arbor, Michigan December 31, 1982 Robert J. McEwen, S.J. Professor of Economics Boston College Chestnut Hill, Massachusetts December 31, 1982 Janet J. Rathe Executive Committee Member Oregon Consumer League Portland, Oregon December 31, 1984 Rene Reixach Staff Attorney Greater Upstate Law Project Rochester, New York December 31, 1982 Peter D. Schel1ie Partner Bingham, Dana & Gould Washington, D.C. December 31, 1982 Nancy Z. Spillman Chair, Business Administration Department and Professor of Economics Los Angeles Trade Technical College Los Angeles, California December 31, 1983 Clinton Warne Presi dent Consumers League of Ohio Cleveland, Ohio December 31, 1984 Frederick T. Weimer General Assistant to the Vice President and General Credit Manager Sears, Roebuck and Co. December 31, 1984