Federal Reserve Bank of New York

The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U. S. Virgin Islands. Working within the Federal Reserve System, the New York Federal Reserve Bank implements monetary policy, supervises and regulates financial institutions and helps maintain the nation's payment systems.

Among the other regional banks, New York Federal Reserve Bank and its president are considered first among equals. Its current president is William C. Dudley. It is by far the largest (by assets), most active (by volume) and most influential of the 12 regional Federal Reserve Banks.

Read more about Federal Reserve Bank Of New York:  Largest Regional Federal Reserve Bank, 33 Liberty Street, Current Board of Directors, Former Board Members, Presidents, Branches

Famous quotes containing the words federal, reserve, bank and/or york:

    The Federal Constitution has stood the test of more than a hundred years in supplying the powers that have been needed to make the Central Government as strong as it ought to be, and with this movement toward uniform legislation and agreements between the States I do not see why the Constitution may not serve our people always.
    William Howard Taft (1857–1930)

    If a walker is indeed an individualist there is nowhere he can’t go at dawn and not many places he can’t go at noon. But just as it demeans life to live alongside a great river you can no longer swim in or drink from, to be crowded into safer areas and hours takes much of the gloss off walking—one sport you shouldn’t have to reserve a time and a court for.
    Edward Hoagland (b. 1932)

    I know a bank where the wild thyme blows,
    Where oxlips and the nodding violet grows,
    Quite overcanopied with luscious woodbine,
    With sweet musk-roses, and with eglantine:
    There sleeps Titania sometime of the night,
    Lulled in these flowers with dances and delight.
    William Shakespeare (1564–1616)

    You have a lifetime to work, but children are only young once.
    —Polish Proverb. New York Times Magazine (February 20, 1994)