About Federal_Reserve_Bank_of_Kansas_City

The **Federal Reserve Bank of Kansas City** is one of the 12 regional Reserve Banks making up the Federal Reserve System, the central banking system of the United States established by Congress in 1913. It serves the Tenth Federal Reserve District, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, 43 counties in western Missouri, and 14 counties in northern New Mexico[3][8]. Its primary mission is to support the public interest by promoting economic and financial stability through conducting monetary policy, supervising and regulating financial institutions, and providing financial services to banks and the U.S. government[2][3]. Historically, Kansas City was chosen as a Federal Reserve site due to its status as a western "gateway city" with strong economic importance, serving as a balance to the economic power concentrated on the eastern seaboard. The Bank was instrumental in providing a more equitable distribution of credit for agricultural, industrial, and commercial development in the Great Plains region, which was often overlooked by traditional economic elites. It also functions as a "banker's bank," offering services such as check clearing, wire transfers, and liquidity support to member banks, while supervising banking practices to ensure safety and soundness[5]. The Kansas City Fed moved to its current headquarters at One Memorial Drive in 2008, a 600,000-square-foot limestone-clad building designed by renowned architect Henry N. Cobb. The facility includes a public Money Museum and theater to educate visitors about the Federal Reserve’s role[6]. Notably, the Kansas City Fed contributes to national monetary policy by gathering regional economic data and insights, summarized in the widely referenced *Beige Book* report, which informs Federal Open Market Committee decisions[2]. It also operates branch offices in Denver, Oklahoma City, and Omaha, extending its reach and engagement within the district[3][6]. Overall, the Kansas City Fed plays a vital role in fostering regional economic growth, stability, and innovation while integrating local economic conditions int

Latest right now for Federal_Reserve_Bank_of_Kansas_City