The Federal Advisory Council (FAC), which is composed of twelve representatives of the banking industry, consults with and advises the Board on all matters within the Board's jurisdiction. The council ordinarily meets four times a year, the minimum number of meetings required by the Federal Reserve Act. These meetings are always held in Washington, ., customarily on the first Friday of February, May, September, and December, although occasionally the meetings are set for different times to suit the convenience of either the council or the Board. Each year, each Reserve Bank chooses one person to represent its District on the FAC, and members customarily serve three one-year terms. The members elect their own officers.
Sam Vinal is a documentary and narrative filmmaker, and founder of Mutual Aid Media LLC, an emerging Los Angeles based production house. Sam graduated from the University of San Francisco in 2010 and began his career in documentary filmmaking that year when a director hired him to shoot a film on HIV/AIDS in Zambia. Since then, Sam has been traveling and telling stories through a socio-political lens. He uses film as a means to combine his passion for the beautiful struggle and the power of art. He is an active member of Solidaire Network.