Federal Reserve Bank Boards of Directors
Sectors Represented by Class C and Class B Directors1
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Sector | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|
Agriculture & Food Processing | 0 | 0 | 2 | 3 | 3 |
Commerce/Industry | 20 | 21 | 21 | 22 | 20 |
Energy, Mining, & Extraction | 2 | 1 | 1 | 1 | 1 |
Manufacturing | 5 | 5 | 5 | 8 | 6 |
Pharmaceuticals | 0 | 0 | 0 | 0 | 0 |
Publishing | 0 | 0 | 0 | 0 | 0 |
Real Estate & Construction | 3 | 5 | 7 | 7 | 6 |
Utilities | 3 | 2 | 1 | 1 | 1 |
Wholesale & Retail Trade | 7 | 8 | 7 | 5 | 6 |
Services | 34 | 35 | 33 | 33 | 39 |
Accounting | 0 | 0 | 0 | 0 | 0 |
Architecture | 0 | 0 | 0 | 0 | 0 |
Education | 6 | 6 | 6 | 3 | 4 |
Engineering | 0 | 0 | 1 | 1 | 1 |
Financial Services (non-banking) | 6 | 6 | 5 | 4 | 5 |
Health Care Delivery | 5 | 5 | 4 | 4 | 7 |
Information Technology | 6 | 8 | 8 | 9 | 7 |
Insurance | 1 | 1 | 3 | 3 | 3 |
Law | 1 | 1 | 0 | 0 | 1 |
Media, Marketing & Public Relations | 0 | 0 | 0 | 0 | 0 |
Nonprofit/Business Groups | 1 | 2 | 2 | 1 | 1 |
Real Estate Brokerage | 0 | 0 | 0 | 0 | 0 |
Services - Miscellaneous | 5 | 3 | 1 | 1 | 2 |
Telecommunications | 0 | 1 | 1 | 2 | 3 |
Transportation | 3 | 2 | 2 | 5 | 5 |
Labor | 5 | 4 | 4 | 4 | 3 |
Consumer/Community | 10 | 9 | 9 | 7 | 7 |
1. The Federal Reserve Act requires that Class C and Class B directors be selected to represent the public “with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor and consumers.” Also by statute, Class A directors, who are not shown on this table, are elected by member banks in their respective Federal Reserve Districts to represent those banks. This table includes all Class C and Class B directors serving on Reserve Bank boards as of January 1 of each calendar year. Return to table