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The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.
In 2002 he joined the Federal Reserve Bank of San Francisco as a research advisor, and by 2009 had become its executive vice president and director of research. [6] He took office as president and CEO of the Federal Reserve Bank of San Francisco in 2011. [6] Williams became president and CEO of the Federal Reserve Bank of New York on June 18 ...
[1]. Left to Right: William J. McDonough (1993–2003), William C. Dudley (2009–2018), Paul Volcker (1975–1979), E. Gerald Corrigan (1985–1993), Timothy Geithner (2003–2008) The ninth president of the New York Fed, Timothy Geithner, who subsequently served as Secretary of the Treasury Paul Volcker, the fifth president of the New York Fed and later Chairman of the Federal Reserve
The New York Federal Reserve district is the largest by asset value. San Francisco, followed by Kansas City and Minneapolis, represent the largest geographical districts. Missouri is the only state to have two Federal Reserve Banks (Kansas City and St. Louis).
In October 2003, Geithner was named president of the Federal Reserve Bank of New York. [19] As president of the New York Fed, he served as Vice Chairman of the Federal Open Market Committee. In 2006, he became a member of the Washington-based financial advisory body, the Group of Thirty. [27]
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There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches [ 1 ] [ 2 ] Map of the twelve Federal Reserve Districts, with the twelve Federal Reserve Banks marked as black squares, and all Branches within each district (24 total) marked as red circles.
William Joseph McDonough (April 21, 1934 [1] – January 22, 2018) was an American economist. He was president and CEO of the Federal Reserve Bank of New York from 1993 to 2003.