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Federal Reserve Bank of Atlanta headquarters, designed by the 2011 Driehaus Prize winner Robert A. M. Stern. The bank is governed by a board of directors, which is drawn from the sixth district's business community, banks, and labor and consumer organizations, and makes recommendations every two weeks on the level of the discount rate, which is the rate at which the bank lends to commercial banks.
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 ]
George C. "Jack" Guynn was the president and CEO of the Federal Reserve Bank of Atlanta from 1996 to 2006. [1] He has retired from that position [2] and been appointed to Oxford Industries, Inc.'s board of directors. [citation needed]
Vivek Ramaswamy has announced he will “reduce headcount at the U.S. Federal Reserve by more than 90%” if he is elected President in 2024. The Republican presidential candidate reiterated his ...
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]
The board of governors is one of three key pillars making up the broader Federal Reserve System, along with the 12 regional reserve bank presidents and the Federal Open Market Committee (FOMC).