Central Banking

Fed to consolidate payments system committees

The Federal Reserve Board announced on Wednesday 19 April the consolidation of two internal advisory committees on payments system matters.

The duties of the Payments System Policy Advisory Committee will be expanded to encompass the responsibilities and activities of the Payments System Development Committee, including its public outreach efforts. The Payments System Development Committee will be discontinued.

The Payments System Policy Advisory Committee was formed in July 1986 to advise the