At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
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Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Benjamin Strong Jr. was elected governor of the New York Fed at the Bank's first board meeting on October 5, 1914, six weeks prior to the opening day. He was 41, and then president of Bankers Trust Co. of New York. During his 14 years in office, his knowledge of the banking history of the United States, coupled with his intense interest in international affairs, made him a dominant force in U.S. monetary and banking affairs. Throughout the 1920s, Governor Strong promoted more effective cooperation among the worlds central banks, and he traveled extensively to carry out this objective. Born in 1872 in Fishkill-on-Hudson, New York, he embarked on a financial career in 1891 with Cuyler, Morgan and Co., an investment and financial management firm. He later became assistant secretary of Atlantic Trust Co., and following several mergers, he was named secretary of Bankers Trust Co. in 1904. He became vice president in 1909, and president in 1914. Governor Strong died in 1928 while still chief executive officer of the New York Fed. |