The Federal Reserve system is divided into 52 districts,1 for each state,plus 1 for Washington,D.C.,and 1 for Puerto Rico.

Question

Quizplus · Accepted Answer

The Federal Reserve system is actually divided into 12 districts, each with its own Federal Reserve Bank. These districts are spread out across the United States and include major cities such as New York, San Francisco, and Chicago. Washington, D.C. is considered its own district and Puerto Rico falls under the jurisdiction of the New York district.

The Federal Reserve System Is Divided into 52 Districts,1 for Each