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ST. LOUIS — The board of directors of the Federal Reserve Bank of St. Louis has reappointed Ronald J. Kruszewski, chairman and CEO of Stifel Financial Corp. and chairman of Stifel, Nicolaus & Co. Inc. in St. Louis, to serve on the Federal Advisory Council for a one-year term that ends on Dec. 31, 2016.
Established by the Federal Reserve Act, the Federal Advisory Council consists of one representative from each of the 12 Federal Reserve districts. The members of the council confer at least four times a year with the Federal Reserve Board of Governors in Washington, D.C., on economic and banking developments, and make recommendations on Fed system activities.