Top | NJCA in the News | NJCA Homepage
NEWARK — The head of New Jersey's largest consumer watchdog group has been appointed to the Federal Reserve Board's Consumer Advisory Council. Phyllis Salowe-Kaye, executive director of New Jersey Citizen Action for nearly 25 years, is one of 10 new members appointed for three-year terms, the Fed said.
The advisory council, which meets in Washington, D.C, three times a year, advises the regulator on the exercise of its responsibilities under the Consumer Credit Protection Act and on other consumer financial services matters.
"I am honored," Salowe-Kaye said Monday in a statement. "I can think of no other time when it has been more important to work with the Federal Reserve to increase consumer protections in financial services."
Copyright 2009 North Jersey Media Group Inc.