The three largest Federal Reserve banks (New York,Chicago,and San Francisco)combined hold more than ________ percent of the assets of the Federal Reserve System.

Question

Quizplus · Accepted Answer

According to the Federal Reserve System's Annual Report, as of December 31, 2020, the combined assets of the New York, Chicago, and San Francisco Federal Reserve Banks represent exactly 50% of the total assets held by all 12 Federal Reserve Banks.

The Three Largest Federal Reserve Banks (New York,Chicago,and San Francisco)combined