by mypseudoonym... February 6, 2012
Get the You Can't Teach An Old Frog New Tricks mug.(US ECONOMY) One of the 12 district Federal Reserve Banks. Based in New York (2nd FR district). Along with members of the Federal Reserve Board, enjoys a permanent seat on the FOMC (other district banks only get to rotate).
Main job is to regulate banks and administer monetary policy through open market operations. Former New York Fed president Tim Geithner is now Secretary of the US Treasury Department (as of early 2009).
Main job is to regulate banks and administer monetary policy through open market operations. Former New York Fed president Tim Geithner is now Secretary of the US Treasury Department (as of early 2009).
Prior to 1928, the President of the Federal Reserve Bank of New York was the de facto leader of the entire system. This was because of the powerful personality and connections of Benjamin Strong, a former J.P. Morgan partner.
by Abu Yahya September 10, 2010
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2. A person who "looks good" no matter what they do. They come out on the winning end all the time.
by Dottie Blitz April 5, 2016
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by I'm bored so I wrote that November 11, 2022
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by WinSaladGuy December 3, 2010
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