Search results
Results from the WOW.Com Content Network
Current Federal Reserve Bank of Boston president is Susan Collins, who is the first Black woman and the first woman of color to lead any of the 12 regional Federal bank branches. [6] It has been headquartered since 1977 in the distinctive 614-foot (187 m) tall, 32-story Federal Reserve Bank Building at 600 Atlantic Avenue, Boston.
Susan M. Collins (born 1958/1959) [1] is an American economist who has served as the 14th president and CEO of the Federal Reserve Bank of Boston since July 1, 2022. She is the first African American woman and first woman of color to lead any of the 12 regional Federal Reserve Banks. [2]
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. [ 1 ]
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.
A new face is coming to the Federal Reserve’s top brass, as the central bank’s outpost in Boston announced that economist Susan Collins will be taking on the top job as president.
He went on to serve as president of the Federal Reserve Bank of Minneapolis from 1980 to 1984 and President of the Federal Reserve Bank of New York from 1985 until 1993. From 1991 to 1993 he was Chairman of the Basel Committee on Banking Supervision. From 1993 to 1995 he was director of the Council on Foreign Relations. [3]
From 1991 to 1994 Minehan was the First Vice President of the Federal Reserve Bank of Boston, one of 12 regional Reserve Banks that together with the Board of Governors in Washington D.C. form the Federal Reserve System, [5] which charts "the nation's monetary policy and ensures smooth operation of the banking system."
It features an auditorium that is named for Frank E. Morris, the President and Chief Executive Officer of the Federal Reserve Bank of Boston from 1968 to 1988. It was designed to meet the Bank's needs and is also available to the community, offering lunchtime concerts as well. [3] Gardens are incorporated above street level. [3]