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  #2  
January 23rd, 2016, 02:06 PM
Super Moderator
 
Join Date: Mar 2012
Re: 4 banks that make up the Federal Reserve

As per your demand here I am providing you information about the banks that make up the Federal Reserve like system and branches.


The Federal Reserve System is composed of five parts:
The presidentially appointed Board of Governors, an independent federal government agency located in Washington, D.C.

The Federal Open Market Committee, composed of the seven members of the Federal Reserve Board (FRB) and five of the twelve Federal Reserve Bank presidents, which oversees open market operations, the principal tool of U.S. monetary policy.

Twelve regional Federal Reserve Banks (FRB) located in major cities throughout the nation, which divide the nation into twelve Federal Reserve district.

The Federal Reserve Banks act as fiscal agents for the U.S. Treasury, and each has its own nine-member board of directors.

Numerous other private U.S. member banks, which own required amounts of non-transferable stock in their regional Federal Reserve Banks

Various advisory councils



Federal Reserve Branch city, by District:

(4) Cincinnati, Pittsburgh
(5) Baltimore, Charlotte
(6) Birmingham, Jacksonville, Miami, Nashville, New Orleans
(7) Detroit
(8) Little Rock, Louisville, Memphis
(9) Helena
(10) Denver, Oklahoma City, Omaha
(11) El Paso, Houston, San Antonio
(12) Los Angeles, Portland, Salt Lake City, Seattle


Public finance;
Policies
Agricultural
Economic
Energy
Industrial
Investement
Social Trade
Fiscal Monetary
Policy mix

Fiscal policy
Budget
policy Debt
external internal Deficit / S
urplus Finance ministry Fiscal union Revenue Spending
deficit Tax

Monetary policy
Bank reserves (requirements)
Discount window Gold reserves Interest rate
Monetary authority
central bank currency board
Monetary base Monetary (currency) union Money supply

Trade policy
Balance of trade
Free trade
Gains from trade
Non-tariff barrier Protectionism
Tariff Trade bloc
Trade creation Trade diversion Trade / Commerce ministry

Revenue Spending

Non-tax revenue
Tax revenue
Discretionary spending
Mandatory spending

Optimum

Balanced budget (fiscal)
Growth (trade and investment)
Price stability (monetary)


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