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Why St. Louis Received a Federal Reserve Bank

Tuesday, June 3, 2014

David Wheelock, vice president and deputy director of research for the St. Louis Fed, explains how St. Louis was chosen to be the site for one of the 12 regional banks that were established as part of the new Federal Reserve System. Factors such as population, transportation and banker preferences played significant roles.

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Posted In Federal Reserve  |  Tagged centennialdavid wheelockst louis