Twelfth District Fed Establishes Council for Lower-Income Communities
The Twelfth District Community Advisory Council (CAC) has been established as a crucial source of information on economic conditions in lower-income communities within the nine-state district of the Federal Reserve Bank of San Francisco. The council's charter became effective on January 1, 2025, and its members, who reside within the district, provide valuable observations and insights to the bank's management.
The CAC is composed of a diverse group of individuals, each bringing unique perspectives to the table. Colleen Dushkin, Vice President of Culture and Strategy at Cook Inlet Housing Authority in Alaska, and Kelly Batson, Chief Community Impact Officer at United Way Bay Area in California, are both members serving until 2026. Ricardo Flores, Executive Director of Local Initiatives Support Corporation - San Diego in California, and Silvia Castro, President and Chief Executive Officer of Suazo Business Center in Utah, serve until 2025.
Leading the council is Ryan Kusumoto, who serves as the CAC Chair until 2026. Kusumoto is the President and Chief Executive Officer of Parents and Children Together (PACT) in Hawaii. Erin Abrahamson, Chief of Staff at the National Center for American Indian Enterprise Development in Arizona, is another member serving until 2025. The current information does not provide details about the Chairperson's term expiration date.
The Twelfth District Community Advisory Council, with its knowledgeable and dedicated members, plays a vital role in keeping the Federal Reserve Bank of San Francisco informed about the economic realities faced by lower-income communities. Their insights help shape policies that can positively impact these communities.
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