The federal advisory council is not a part of the Federal reserve system.
The federal advisory council is the part of the Federal reserve system that has top do with research.
This council is made up of 12 members. These 12 members acts as representatives of the banking system. The number of times that they meet yearly are 4 times.
The meetings are usually held in Washington DC.
Read more on https://brainly.com/question/1913402?referrer=searchResults
