2011 Annual Report
Download the essay, Opening the Temple (PDF, 1.15 mb).
Download the full annual report (PDF, 1.90 mb).
Download the San Francisco Fed's financial statements 
(PDF, 1.4 mb).
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In an essay in the 2011 annual report, San Francisco Fed President and CEO John C. Williams describes the Fed's move out of the shadows toward greater openness and transparency, the necessity for this change, and where there is more that can be done.
Learn more about Fed transparency.
- Chairman Bernanke meets the press.
- Yes, the Fed is audited.
- The San Francisco Fed tweets and is on Facebook.
- The Fed released its Statement of Longer-Run Goals and Monetary Policy Strategy.
- Fed policymakers give their projections for the economy.
- It's no secret. The Fed detailed its emergency lending programs during the financial crisis and recovery, and reports regularly on their use.
- The Fed follows a strict code of conduct and financial disclosure rules. Here's what the San Francisco Fed does.
- The Fed is governed in the public interest. Here's information about San Francisco Fed governance.
- The buck stops here: the Fed is accountable to the public and Congress.