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Letter From Counsel to Governor, Federal Reserve Board, Oct. 5, 1917, re Following Questions Asked by Governor. 1. Whether a Federal Reserve Bank Acting as Fiscal Agent for the Govt. Is Subject to General Supervision of Federal Reserve Board. Answered in Affirmative. 2. Should Its Expenses as Fiscal Agent Be Shown in Reports to Board as Part of Expenses of the Bank, & Should Sums Paid to the Federal Reserve Bank by the Govt. for the Performance of Such Service Be Included in Its Reports as Part of Earnings of the Federal Reserve Bank. Answered in Affirmative, Number X-438, Volume 6, Page 2827

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
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Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. Letter From Counsel to Governor, Federal Reserve Board, Oct. 5, 1917, re Following Questions Asked by Governor. 1. Whether a Federal Reserve Bank Acting as Fiscal Agent for the Govt. Is Subject to General Supervision of Federal Reserve Board. Answered in Affirmative. 2. Should Its Expenses as Fiscal Agent Be Shown in Reports to Board as Part of Expenses of the Bank, & Should Sums Paid to the Federal Reserve Bank by the Govt. for the Performance of Such Service Be Included in Its Reports as Part of Earnings of the Federal Reserve Bank. Answered in Affirmative, Number X-438, Volume 6, Page 2827, . Board of Governors of the Federal Reserve System (U.S.), 1935-. https://fraser.stlouisfed.org/archival/4957/item/510764, accessed on May 11, 2024.

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