The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut (excluding Southwestern Connecticut), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston, Massachusetts. The code of the Bank is A1, meaning that dollar bills from this Bank will have the letter A on them. Its current president is Eric S. Rosengren, who replaced Cathy E. Minehan in July 2007.
As part of the nation's central bank, the Federal Reserve Bank of Boston promotes sound growth and financial stability in New England and the nation. The Bank contributes to local communities, the region, and the nation through its high-quality research, regulatory oversight, and financial services, and through its commitment to leadership and innovation. —Federal Reserve Bank of BostonThe Boston Fed is in a distinctive 614-foot (187 m) tall, 32-story building, located at 600 Atlantic Avenue in Boston. The building, designed by architecture firm Hugh Stubbins & Associates, is suspended between two towers on either side. The Boston Fed also includes the New England Public Policy Center.
Read more about Federal Reserve Bank Of Boston: Current Board of Directors, Image Gallery
Famous quotes containing the words federal, reserve, bank and/or boston:
“Newsmen believe that news is a tacitly acknowledged fourth branch of the federal system. This is why most news about government sounds as if it were federally mandated—serious, bulky and blandly worthwhile, like a high-fiber diet set in type.”
—P.J. (Patrick Jake)
“In a democracy—even if it is a so-called democracy like our white-élitist one—the greatest veneration one can show the rule of law is to keep a watch on it, and to reserve the right to judge unjust laws and the subversion of the function of the law by the power of the state. That vigilance is the most important proof of respect for the law.”
—Nadine Gordimer (b. 1923)
“Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.”
—Herman Melville (1819–1891)
“I guess God made Boston on a wet Sunday.”
—Raymond Chandler (1888–1959)