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What does MAC stand for?

MAC stands for Meets as A Committee

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The rotating seats are filled from the following four groups of Banks, one Bank president from each group: Boston, Philadelphia, and Richmond; Cleveland and Chicago; Atlanta, St. Louis, and Dallas; and Minneapolis, Kansas City, and San Francisco. Nonvoting Reserve Bank presidents attend the meetings of the Committee.
Chaired by FIFA President Blatter, the FIFA Executive Committee held its second meeting of the year today at the Home of FIFA in Zurich, ahead of the upcoming 65th FIFA Congress (28-29 May 2015).