Statement on Transparency and Accountability Policy at the 12 Federal Reserve Banks

In the interest of further strengthening the Federal Reserve System’s commitment to transparency, today the 12 Federal Reserve Banks released a common policy for public requests for information. The Transparency and Accountability Policy will go into effect January 1, 2024, and seeks to simplify and standardize the Federal Reserve Banks’ public information request process. A link to the policy can be found here and is now available on each Reserve Bank’s website. The New York Fed has issued this statement on behalf of the 12 Reserve Banks.

The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers 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. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.