David E. Whitehead, president of Schweitzer Engineering Laboratories in Pullman, has been appointed to the advisory council of the Federal Reserve Bank of San Francisco. The announcement was made by company officials on Thursday.
The advisory council provides input on regional economic conditions and helps guide the Federal Reserve’s policies. Whitehead’s role will involve offering insights from the business community to support the bank’s decision-making process.
**Why this matters**
Advisory council members contribute valuable perspectives that influence monetary policy and economic strategies. Whitehead’s participation reflects the Federal Reserve’s effort to include diverse voices from various industries in its regional assessments.
Source: News Source