Federal Reserve System Accountability Act of 1989

[AI summary unavailable — showing source text] Federal Reserve System Accountability Act of 1989 - Amends the Federal Reserve Act to expand: (1) from nine to 12 the number of Directors on the Federal Reserve Bank Boards; and (2) from three to six the number Class C Directors on such Bank Boards. Staggers the terms of newly expanded Class C memberships. Requires that members of Class C Directors include representatives from: (1) agricultural interests; (2) small business interests; (3) labor; and (4) consumer interests.…