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Keywords:Federal Reserve Act 

Working Paper
The founders' intentions: sources of the payments services franchise of the Federal Reserve banks

The reserve banks check collection service was designed in 1913 to serve as "glue," attaching the new central bank to the commercial and financial markets through member banks. Successful creation and operation of the Federal Reserve System was thought to be more likely if the reserve banks could do more for member banks than lend occasionally and administer the reserve requirement tax. Initial drafts of the Federal Reserve Act would have allowed member banks to use required reserve deposits only for making interbank transfers. But correspondent banking relationships already provided ...
Financial Services working paper , Paper 96-03

Journal Article
Final rule on section 23A of the Federal Reserve Act regarding bank affiliates

Federal Reserve Bulletin , Issue Jun , Pages 412

Journal Article
A conversation with Carter Glass

The Region , Volume 11 , Issue Dec , Pages 14-23

Financial stability: the role of the Federal Reserve System

Remarks at the Future of Banking Regulation and Supervision in the EU Conference, Frankfurt, Germany.
Speech , Paper 125

Journal Article
Locating Federal Reserve districts and headquarters cities

The Region , Volume 15 , Issue Sep , Pages 24-27, 55-65

Some observations and lessons from the crisis

Remarks at the Third Annual Connecticut Bank and Trust Company Economic Outlook Breakfast, Hartford, Connecticut.

Journal Article
Issuance of rule regarding section 23A of the Federal Reserve Act, effective September 11, 1992

Federal Reserve Bulletin , Issue Nov , Pages 833, 867

Working Paper
The scope of monetary policy actions authorized under the Federal Reserve Act

The Federal Reserve Act authorizes the Federal Reserve to undertake various types of discount window loans and open market operations. While the Federal Reserve generally has not found it necessary to use all types of such authority, there could be circumstances in which the Federal Reserve might need to consider utilizing its statutory authority more broadly than it has in the past. We examine the limits imposed by the Federal Reserve Act along two dimensions: those types of counterparties and financial instruments with which the Federal Reserve may conduct monetary policy. In doing so, we ...
Finance and Economics Discussion Series , Paper 2004-40

Journal Article
Final rule amending the rules regarding delegation of authority

Federal Reserve Bulletin , Issue Jan

Journal Article
The Aldrich plan

FRBSF Economic Letter


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