Federal Reserve Board Names LIIF President & CEO Nancy O. Andrews to Consumer Advisory Council
The Federal Reserve Board announced today that Nancy O. Andrews, President and CEO of the Low Income Investment Fund (LIIF), is one of 10 new members joining the Consumer Advisory Council (CAC). The CAC is a 30-member council that includes leaders from the consumer protection, community development and banking sectors and advises the Federal Reserve Board on issues related to consumer credit protection and financial services.
The Low Income Investment Fund’s (LIIF’s) President and CEO Nancy O. Andrews said, “I am honored to be selected for the Federal Reserve Board’s Consumer Advisory Council (CAC). Every day, the economic stresses facing our neighborhoods and our neighbors highlight the importance of engaging a group like the CAC. I am excited to be a part of the council as it discusses issues at the intersection of consumer, community and banking interests, particularly in today’s economic environment. I look forward to working with my fellow council members to represent community development and consumer interests to the Federal Reserve Board.”
The CAC was established in 1976 and advises the Board on its responsibilities under the Consumer Credit Protection Act, as well as other consumer financial services matters. Council members serve three-year terms with one-third of the membership changing each year.
Samantha Hojo, Marketing & Communications Manager, Low Income Investment Fund, email@example.com, (415) 489-6113