Federal Reserve Bank

Federal Reserve DistrictsFederal Reserve BanksFederal Reserveregional banksFRBFederal Reserve Districtmember banksBanksDistrictFed
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States.wikipedia
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Federal Reserve

Federal Reserve SystemUS Federal ReserveU.S. Federal Reserve
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States.
Twelve regional Federal Reserve Banks, located in cities throughout the nation, regulate and oversee privately owned commercial banks.

Federal Reserve Act

Federal Reserve Act of 1913The Federal Reserve Act1913 establishment of the Federal Reserve
There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.
The Federal Reserve Act created the Federal Reserve System, consisting of twelve regional Federal Reserve Banks jointly responsible for managing the country's money supply, making loans and providing oversight to banks, and serving as a lender of last resort.

Federal Reserve Board of Governors

Federal Reserve BoardBoard of Governors of the Federal Reserve SystemBoard of Governors of the Federal Reserve
They are organized as self-financing corporations and empowered by Congress to distribute currency and regulate its value under policies set by the Federal Open Market Committee and the Board of Governors.
It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States.

Federal Open Market Committee

FOMCFederal Open Markets CommitteeOpen Market Committee
The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows:
The Committee consists of the seven members of the Federal Reserve Board, the president of the New York Fed, and four of the other eleven regional Federal Reserve Bank presidents, serving one year terms.

Federal Reserve Bank of Boston

BostonBoston Federal ReserveBoston Federal Reserve Bank
The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers New England: Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and all of Connecticut except Fairfield County.

Federal Reserve Bank of New York

New York Federal ReserveNew YorkNew York Fed
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.

Federal Reserve Bank of Cleveland

ClevelandFederal Reserve BankFederal Reserve
The Federal Reserve Bank of Cleveland is the Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth District.

Fixing America's Surface Transportation Act

FAST ActFixing America's Surface Transportation (FAST) ActFixing America’s Surface Transportation Act
The Emergency Economic Stabilization Act (EESA) of 2008 additionally authorized the Reserve Banks to pay interest on member bank reserves, while the FAST Act of 2015 imposed an additional dividend limit equal to the yield determined in the most recent 10-year Treasury Note auction.
) Instead, funds were generated through changes to passport rules, Federal Reserve Bank dividends, and privatized tax collection.

Federal Reserve Bank of Atlanta

AtlantaAtlanta FRBAtlanta Monetary Museum
The Federal Reserve Bank of Atlanta, (informally referred to as the Atlanta Fed and the Bank), is the sixth district of the 12 Federal Reserve Banks of the United States and is headquartered in midtown Atlanta, Georgia.

Missouri

MOState of MissouriMissouri, USA
Missouri is the only state to have two Federal Reserve Banks (Kansas City and St. Louis).
Missouri is the only state in the Union to have two Federal Reserve Banks: one in Kansas City (serving western Missouri, Kansas, Nebraska, Oklahoma, Colorado, northern New Mexico, and Wyoming) and one in St. Louis (serving eastern Missouri, southern Illinois, southern Indiana, western Kentucky, western Tennessee, northern Mississippi, and all of Arkansas).

United States Treasury security

Treasury billsTreasury securitiesTreasury bond
The Emergency Economic Stabilization Act (EESA) of 2008 additionally authorized the Reserve Banks to pay interest on member bank reserves, while the FAST Act of 2015 imposed an additional dividend limit equal to the yield determined in the most recent 10-year Treasury Note auction.
The twelve Federal Reserve Banks are also significant holders, with a combined $2.7 trillion or roughly 12%.

List of regions of the United States

Regionregions of the United StatesCensus Bureau Division
The Federal Reserve Act of 1913 divided the country into twelve districts with a central Federal Reserve Bank in each district.

Birmingham, Alabama

BirminghamBirmingham, ALPratt City
In addition, Birmingham is the home of a branch bank of the Atlanta Federal Reserve Bank.

Criticism of the Federal Reserve

Federal Reservecounterfeiting moneyexpressed opposition
According to the web site for the Federal Reserve System, the individual Federal Reserve Banks "are the operating arms of the central banking system, and they combine both public and private elements in their makeup and organization."

Central bank

central bankscentral bankingcentral banking system
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States.

Monetary policy

monetarymonetary policiesexpansionary monetary policy
The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows: