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Daniel J. Semelsberger

Daniel J. Semelsberger is a financial analyst and currently a student at the New York University School of Law.

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fedbanks

The Fed Is Losing Tens of Billions: How Are Individual Federal Reserve Banks Doing?

Money and Banks

Blog08/22/2023

The Federal Reserve System was originally conceived not as a unitary central bank, but as 12 regional reserve banks. It has evolved a long way toward being a unitary organization since then.

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