12360 - FEDERAL RESERVE BANK of NEW YORK

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- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
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- As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
  
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  The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Fed provides a wide range of payment services for financial institutions and the U.S. government.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
  
  The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
Community Development
& Education

Circular

Election of Directors

October 20, 2021

12360

In accordance with Section 4 of the Federal Reserve Act, as amended, and the circular dated September 15, 2021, the Federal Reserve Bank of New York is conducting a special election to fill the vacancy in the office of a Class B director of this Bank for the remaining portion of the term ending December 31, 2021. There is shown on the following pages the name of the candidate nominated for such office, and by whom nominated.

Election details

Circular 12359

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