The 12th District
San Francisco is the headquarters of the Twelfth Federal Reserve District, which includes the nine western states—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. Of the twelve Federal Reserve Districts, the Twelfth District is the largest by geography and the size of its economy.
Mary C. Daly took office as President and Chief Executive Officer of the Federal Reserve Bank of San Francisco on October 1, 2018. In this role, she serves on the Federal Open Market Committee, bringing the Fed’s Twelfth District’s perspective to monetary policy discussions in Washington.
"I encourage everyone here to think about how the work we do every day affects the spectrum of people outside our walls, privileged and disadvantaged, so we can continuously affect better outcomes," says Bina Shrimali, a senior researcher with the San Francisco Fed’s Community Development team.