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Board of Governors of the Federal Reserve System

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Seal of the Board of Governors of the Federal Reserve System

Letter of Transmittal

Board of Governors of the Federal Reserve System
Washington, D.C.

June 2011

The Speaker of the House of Representatives:

Pursuant to the requirements of section 10 of the Federal Reserve Act, I am pleased to submit the ninety-seventh annual report of the Board of Governors of the Federal Reserve System.

This report covers operations of the Board during calendar year 2010.

Sincerely,

Ben Bernanke signature

Ben Bernanke
Chairman

Last update: July 5, 2011