W&J President Joins Federal Reserve Advisory Council

Elizabeth MacLeod Walls will serve on the Cleveland Fed's Southwest Pennsylvania and Northern West Virginia Business Advisory Council.

Feb. 6, 2026 at 11:47pm

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Elizabeth MacLeod Walls, the president of Washington & Jefferson College, has been appointed to the Federal Reserve Bank of Cleveland's Southwest Pennsylvania and Northern West Virginia Business Advisory Council. The council provides the Cleveland Fed with insights and perspectives from various industries and regions within its district.

Why it matters

Walls' appointment to the Cleveland Fed's advisory council reflects her expertise and influence in the regional business community. As a college president, her participation will help ensure the Fed receives input from the education sector as it formulates policies and strategies.

The details

The Federal Reserve Bank of Cleveland's Business Advisory Council is designed to gather diverse perspectives from business leaders across its district. Walls will join other council members from different industries to advise the Cleveland Fed on economic conditions and trends.

  • Walls was recently appointed to the Cleveland Fed's advisory council.

The players

Elizabeth MacLeod Walls

The president of Washington & Jefferson College, a private liberal arts college in Washington, Pennsylvania.

Federal Reserve Bank of Cleveland

One of the 12 regional Federal Reserve banks that make up the central banking system of the United States.

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The takeaway

Walls' appointment to the Cleveland Fed's advisory council underscores Washington & Jefferson College's strong ties to the regional business community and the institution's influence in shaping economic policy discussions.