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Federal Reserve System

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The Federal Reserve System serves as the nation's central bank. It consists of a seven member Board of Governors with headquarters in Washington, D.C., and twelve reserve banks located in major cities throughout the United States. The system is key to implementing the nation’s monetary policies.

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Don Kohn speaks at a Brookings event on macroprudential policy

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Donald Kohn: How Can We Preserve Financial Stability?

September 19, 2013, Fred Dews

Brookings Senior Fellow Donald Kohn, a former Federal Reserve vice chair who is, according to news reports, on a short list of candidates to replace Fed Chairman Ben Bernanke, spoke at a Brookings event on macroprudential policy this week. He also looked ahead to ways that the private sector could help preserve financial stability.

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