Accessible Version of Figures
Figure 1. Federal Reserve System map
This map shows the boundaries of the 12 Federal Reserve Districts, the location of the Reserve Bank within each District, and the Washington, D.C., location of the Board of Governors. Following is a list of the 12 Districts, by number; the city in which the Reserve Bank is located; and the states within the District.
District 1, Boston. Encompasses Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut (excluding Fairfield County).
District 2, New York. Encompasses New York State, 12 counties in northern New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.
District 3, Philadelphia. Encompasses eastern Pennsylvania, southern New Jersey, and all of Delaware.
District 4, Cleveland. Encompasses Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.
District 5, Richmond. Encompasses Maryland, Virginia, North Carolina, South Carolina, and most of West Virginia.
District 6, Atlanta. Encompasses Alabama, Florida, Georgia, and parts of Louisiana, Mississippi, and Tennessee.
District 7, Chicago. Encompasses Iowa and most of Illinois, Indiana, Michigan, and Wisconsin.
District 8, St. Louis. Encompasses Arkansas and portions of Missouri, Mississippi, Tennessee, Kentucky, Indiana, and Illinois.
District 9, Minneapolis. Encompasses Minnesota, Montana, North Dakota, South Dakota, 26 counties in northwestern Wisconsin, and the Upper Peninsula of Michigan.
District 10, Kansas City. Encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and Western Missouri.
District 11, Dallas. Encompasses Texas, northern Louisiana, and southern New Mexico.
District 12, San Francisco. Encompasses Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, Washington, American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.
Source: Board of Governors of the Federal Reserve System (2016), The Federal Reserve System: Purposes and Functions, 10th ed. (Washington: Board of Governors), p. 4, https://www.federalreserve.gov/aboutthefed/files/pf_complete.pdf.
Figure 2. Lin-Manuel Miranda
Photo of Lin-Manuel Miranda as Alexander Hamilton in the Broadway musical Hamilton.
Source: Steve Jurvetson, Lin-Manuel Miranda in His Role as Hamilton. New York, United States. April 20, 2016. Retrieved from Wikipedia, https://en.wikipedia.org/wiki/File:Lin-Manuel_Miranda_in_Hamilton.jpg.
Figure 3. Bank of the United States, 1791-1811
Photo of the building of the first Bank of the United States in Philadelphia.
Source: Carol M. Highsmith, photographer, First Bank of the United States, Philadelphia, Pennsylvania. Between 1980 and 2006. Retrieved from the Library of Congress, https://www.loc.gov/item/2011635128.
Figure 4. Bank of the United States, 1816-1836
Photo of the building of the second Bank of the United States in Philadelphia.
Source: Second Bank of the United States, Philadelphia, Pennsylvania. Retrieved from the U.S. National Park Service, https://www.nps.gov/common/uploads/photogallery/ner/park/inde/1a31a6f0-155d-451f-67dd77cebe8e6603/1a31a6f0-155d-451f-67dd77cebe8e6603.jpg.
Figure 5. William Jennings Bryan, Democratic Party presidential candidate, 1896
An illustration of William Jennings Bryan being carried on the shoulders of two men in a crowd of cheering convention attendees.
Source: William Robinson Leigh, Artist's Conception of William Jennings Bryan after the Cross of Gold Speech at the 1896 Democratic National Convention. McClure's Magazine, April 1900, p. 535. Retrieved from Wikimedia Commons, https://commons.wikimedia.org/wiki/File:Bryan_after_speech.jpg.
Figure 6. The Great Financial Panic, 1873
A black-and-white drawing of a financial panic in 1873 on Wall Street. Large New York financial district buildings are in the background. The street and sidewalks are filled with a thick crowd of people.
Source: Illustration of The Great Financial Panic--Intersection of Nassau and Broad Streets with Wall Street--View of the Sub-Treasury...on Friday Sept. 19th. Frank Leslie's Illustrated Newspaper, October 1873. Retrieved from the Library of Congress, http://www.loc.gov/pictures/item/2005676065.
Figure 7. Board of Governors of the Federal Reserve System
Photo of the Federal Reserve Board's Eccles Building in Washington, D.C.
Source: Staff photographer, Eccles Building, Washington, D.C. Retrieved from the Federal Reserve Flickr site, https://www.flickr.com/photos/federalreserve/26088200676.
Figure 8. Twelve Federal Reserve Banks, 1936
12 photos of the 12 Federal Reserve Bank buildings in black and white as they appeared in 1936. In order, from left to right and top to bottom, they are Boston, New York, Chicago, St. Louis, Philadelphia, Cleveland, Minneapolis, Kansas City, Richmond, Atlanta, Dallas, and San Francisco.
Source: Twelve Reserve Bank Buildings from 1936. Retrieved from the Federal Reserve Flickr site, https://www.flickr.com/photos/federalreserve/11208497575/in/album-72157638354027213.
Figure 9. Congressmen Carter Glass and Henry Steagall admiring Carter Glass's bronze relief in the Eccles Building with Chairman Marriner S. Eccles, October 1937
A black-and-white photograph of Carter Glass standing next to Henry Steagall and Marriner S. Eccles. The three men are looking up at a bronze relief of Carter Glass on the wall above them. Below the relief is a text carved into the wall. The text is partly obscured by the men standing in front of it.
Source: Harris & Ewing, photo credit, Carter Glass, Henry Steagall, and Chairman Marriner S. Eccles. October 1937. Retrieved from the Federal Reserve Flickr site, https://www.flickr.com/photos/federalreserve/14103253413/in/album-72157638354027213.
Figure 10. The Federal Open Market Committee
Photo of a Federal Open Market Committee meeting at the Board of Governors in Washington, D.C. Federal Reserve officials and staff are seated around a large conference room and in the background.
Source: Staff photographer, Federal Open Market Committee (FOMC) Participants. April 26, 2016. Retrieved from the Federal Reserve Flickr site, https://www.flickr.com/photos/federalreserve/26605969282.
Figure 11. Montagu Norman, Governor of the Bank of England, 1929
Photo of Montagu Norman, Governor of the Bank of England, on the cover of Time Magazine.
Source: Underwood & Underwood, Montagu Norman, 1st Baron Norman on the cover of Time magazine. April 19, 1929. Retrieved from Time magazine website, http://content.time.com/time/covers/0,16641,19290819,00.html.
Figure 12. Chair Yellen testifying before Congress
Photo of Chair Yellen testifying before Congress. She is seated at a table, with a number of people in the background seated behind her.
Source: Chair Yellen Presenting the Monetary Policy Report to the Congress. July 24, 2014. Retrieved from the Federal Reserve Flickr site, https://www.flickr.com/photos/federalreserve/14682300893.