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, Executive Vice President and Director of Research, Federal
Reserve Bank of Chicago