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Minneapolis Fed Launches Center for Indian Country Development

August 25, 2015

Center Forms New Leadership Council Comprised of Experts in Indian Country Affairs

The Federal Reserve Bank of Minneapolis launched the Center for Indian Country Development (CICD) this month. The CICD's mission is to help self-governing communities of Native Americans attain their economic goals. This mission is rooted in the Federal Reserve System's legislative responsibilities to understand and promote economic growth. The CICD will focus on initiatives such as legal infrastructure development, Indian Country access to capital, land issues, and education. The CICD will further act as a clearinghouse for a variety of economic development programs and related research. 

The CICD also announced the establishment of the CICD Leadership Council, who will advise and assist with on strategy and priorities. The Leadership Council includes NAFOA's Executive Director, Dante Desiderio, along with other selected members who will offer diverse perspectives on the economic and financial circumstances of Indian Country.

For questions or comments please contact Jennifer Parisien at Jennifer@nafoa.org  or (202) 558-8040. 

About the Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that make up the Federal Reserve System, the nation's central bank.

The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payment services to financial institutions and the U.S. government.