The 12th District
San Francisco is the headquarter of the Twelfth Federal Reserve District, which includes the nine western states—Alaska, Arizona, California, Hawai’i, 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.
SF Fed Risk Specialist, Al Morris shares his story of Black resilience as he reflects on his parents hopes and dreams for their family as well as his own perseverance.