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Annual Report 2012

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.

May 2013

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-ninth annual report of the Board of Governors of the Federal Reserve System.

This report covers operations of the Board during calendar year 2012.

Sincerely,

Ben Bernanke
Chairman

Last update: June 25, 2013

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