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Because of a nationwide reduction in the use of checking instruments, the Chicago Fed and most other Reserve Banks ceased processing paper checks on November 17, 2009, and electronic checks in 2010. [3] Items previously routed to this facility are now routed to the Federal Reserve Bank of Cleveland or to the Federal Reserve Bank of Atlanta.
Anna Louise Paulson is an American economist who is Executive Vice President and Director of Research of the Federal Reserve Bank of Chicago.She is a member of the American Economic Association’s Committee on the Status of Women in the Economics Profession and a past board member of the Western Economic Association International.
Austan Dean Goolsbee (born August 18, 1969) is an American economist and writer. He is the president of the Federal Reserve Bank of Chicago.Goolsbee formerly served as the Robert P. Gwinn Professor of Economics at the University of Chicago's Booth School of Business. [1]
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 ]
Charles L. Evans (born January 15, 1958) is the former ninth president and chief executive officer of the Federal Reserve Bank of Chicago, serving from 2007 to 2023. [1] In that capacity, he served on the Federal Open Market Committee (FOMC), the Federal Reserve System 's monetary policy-making body.
There are 24 Federal Reserve branches. 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 ]
The Federal Reserve Bank of Chicago Detroit Branch Office is the only branch office of the Federal Reserve Bank of Chicago. [1] It is part of the 7th district and its code is 7-G. [1] It is currently located at 1600 East Warren Avenue, near I-75 in Detroit's Eastern Market Historic District.
Lisa DeNell Cook is an American economist who has served as a member of the Federal Reserve Board of Governors since May 23, 2022. She is the first African American woman and first woman of color to sit on the Board. Before her appointment to the Federal Reserve, she was elected to the board of directors of the Federal Reserve Bank of Chicago. [1]
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