Second Federal Reserve District
E876540
The Second Federal Reserve District is a regional division of the U.S. central banking system overseen by the Federal Reserve Bank of New York, encompassing New York State, northern New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
Federal Reserve District
ⓘ
administrative division of the Federal Reserve System ⓘ |
| country | United States of America ⓘ |
| governingBody | Board of Governors of the Federal Reserve System NERFINISHED ⓘ |
| hasAbbreviation | FRB New York District NERFINISHED ⓘ |
| hasBoardRepresentation | New York Fed president is a permanent voting member of the FOMC NERFINISHED ⓘ |
| hasCode | District 2 NERFINISHED ⓘ |
| hasEconomicResearchFunction |
publication of regional economic indicators
ⓘ
regional economic analysis ⓘ |
| hasHeadquarters | Federal Reserve Bank of New York NERFINISHED ⓘ |
| hasJurisdictionOver |
Fairfield County, Connecticut
NERFINISHED
ⓘ
New York State NERFINISHED ⓘ Puerto Rico NERFINISHED ⓘ U.S. Virgin Islands NERFINISHED ⓘ northern New Jersey ⓘ |
| hasKeyPolicyBody | Federal Open Market Committee NERFINISHED ⓘ |
| hasMajorFinancialCenter |
Manhattan
NERFINISHED
ⓘ
Wall Street NERFINISHED ⓘ |
| hasNotableCharacteristic |
covers both mainland U.S. and Caribbean territories
ⓘ
includes major global financial markets centered in New York City ⓘ |
| hasNumber | 2 ⓘ |
| hasOutreachFunction |
community development programs
ⓘ
financial education initiatives ⓘ |
| hasPrimaryCity | New York City NERFINISHED ⓘ |
| hasRegionalBank | Federal Reserve Bank of New York NERFINISHED ⓘ |
| hasRegionalBankPresidentTitle | President of the Federal Reserve Bank of New York GENERATED ⓘ |
| hasRole |
acts as fiscal agent for the U.S. government within the district
ⓘ
implements monetary policy at the regional level ⓘ provides financial services to depository institutions ⓘ supervises and regulates member banks in its district ⓘ |
| hasServiceFunction |
bank supervision and examination
ⓘ
check clearing ⓘ currency and coin distribution ⓘ electronic funds transfer services ⓘ |
| hasTypeOfMembers |
national banks
ⓘ
state-chartered member banks ⓘ |
| isKeyFunction |
foreign exchange market operations for the Federal Reserve System
ⓘ
gold storage and custody operations via the New York Fed ⓘ operations related to U.S. Treasury securities ⓘ |
| isOneOf | 12 Federal Reserve Districts ⓘ |
| legalBasis | Federal Reserve Act of 1913 NERFINISHED ⓘ |
| overseenBy | Federal Reserve Bank of New York NERFINISHED ⓘ |
| partOf | Federal Reserve System NERFINISHED ⓘ |
| usesCurrency |
US dollar
ⓘ
surface form:
United States dollar
|
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.