Federal Reserve System (the Fed)
The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors (or Federal Reserve Board), the Federal Open Market Committee (FOMC), twelve regional Federal Reserve Banks located in major cities throughout the nation, numerous privately owned U.S. member banks and various advisory councils.
The Federal Reserve System has both private and public components, and was designed to serve the interests of both the general public and private bankers.
|Jerome Powell (Chairman)
|20th Street and Constitution Avenue NW
Washington, DC 20551
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