Federal Advisory Council - FEDERAL RESERVE BANK of NEW YORK

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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
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Federal Advisory Council

This statutory body, set up by the Federal Reserve Act, confers with the Board of Governors on economic and banking developments and makes recommendations regarding the activities of the Federal Reserve System. The council has twelve members—one from each Federal Reserve District. The council is required by law to meet at least four times a year.

Robert P. Kelly, Member
Chairman and Chief Executive Officer
The Bank of New York Mellon

Gerald L. Hassell, Alternate Member
President
The Bank of New York Mellon

Thomas P. Gibbons, Alternate Member
Chief Financial Officer
The Bank of New York Mellon