Federal Reserve Bank of Philadelphia
Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia, also known as the Philadelphia Fed and the Philly Fed – headquartered at 10 N. Independence Mall West (N. 6th Street) at Arch Street, Philadelphia, Pennsylvania, with an additional entrance at N. 7th Street – is responsible for the Third District of the Federal Reserve, which covers eastern and central Pennsylvania, the nine southern counties of New Jersey, and Delaware. Its geographical territory is by far the smallest in the system, and its population base is the second-smallest (next to the Federal Reserve Bank of Minneapolis). The current President of the Philadelphia Fed is Patrick T. Harker.
The Philadelphia Fed conducts research on both the national and regional economy. Its regional manufacturing index is the second of the regional manufacturing reports released every month (the New York Fed's Empire State Index is now released earlier), but it is still very important to the financial community as a proxy for nationwide manufacturing conditions. The Federal Reserve Bank of Philadelphia publishes a quarterly survey of professional economic forecasters, the Survey of Professional Forecasters, also called The Anxious Index. It is a highly predictive report on the prospects for the Economy of the United States. It also publishes a quarterly publication entitled Business Review. The Federal Reserve Bank of Philadelphia also publishes the Livingston Survey and the Greenbook data sets.
GDP and the Philadelphia Fed's Maps
In response to the recently released GDP “second” estimate, Jay presents the Federal Reserve Bank of Philadelphia’s Coincident and Leading Index Maps.
Evening Keynote - Fintech and the New Financial Landscape
This session occurred during the Fintech and the New Financial Landscape conference, held November 13-14, 2018 in Philadelphia, Pennsylvania.
Jelena McWilliams (Chairman, Federal Deposit Insurance Corporation)
Introduced by Patrick T. Harker (President and CEO, FRB Philadelphia)
The Federal Reserve and You - Chapter 3
Chapter 3: Money and Banking 101
In this chapter, explore the foundations of money and banking in the United States. Learn about the characteristics and functions of money and why money works better than bartering. Find out more about the money supply and two important measures of the money supply — M1 and M2. Discover more about our fractional reserve banking system and how money is created when banks make loans. Finally, delve deeper into price stability and learn about some of the causes and effects of inflation.
Segment 205: The Great Depression
Find out what the Federal Reserve learned from the significant mistakes it made in its monetary policy during the Great Depression.
A Conversation with Patrick T. Harker, President of the Federal Reserve Bank of Philadelphia
Patrick T. Harker took office on July 1, 2015, as the 11th president and chief executive officer of the Federal Reserve Bank of Philadelphia. In this role, Harker participates on the Federal Open Market Committee, which formulates the nation's monetary policy.
Before taking office at the Philadelphia Fed, Harker served as the 26th president of the University of Delaware. He was also a professor of business administration at the university's Alfred Lerner College of Business and Economics and a professor of civil and environmental engineering at the College of Engineering.
In 2012, Harker was named a fellow of the Institute for Operations Research and the Management Sciences (INFORMS) and a charter fellow of the National Academy of Inventors. He was also named a White House fellow by President George H. W. Bush in 1991 and served as a special assistant to FBI Director William S. Sessions from 1991 to 1992.
Harker serves as a member of the Select Operating Committee of Select Greater Philadelphia. He previously served on the boards of Catholic Relief Services, Pepco Holdings, Inc., and Huntsman Corporation and was a founding member of the board of advisors for Decision Lens, Inc. Harker was also a nonbanking Class B director of the Philadelphia Fed from 2012 to 2015.
1st amendment audit FEDERAL RESERVE BANK
US Mint
When the framers of the U.S. Constitution created a new government for their untried Republic, they realized the critical need for a respected monetary system. Soon after the Constitution's ratification, Secretary of the Treasury Alexander Hamilton personally prepared plans for a national Mint. On April 2, 1792, Congress passed The Coinage Act, which created the Mint and authorized construction of a Mint building in the nation's capitol, Philadelphia. This was the first federal building erected under the Constitution.
Since our institution's founding in 1792, the men and women of the United States Mint have taken great pride in rendering the story of our nation in enduring examples of numismatic art. To hold a coin or medal produced by the U.S. Mint is to connect to the founding principles of our nation and the makings of our economy.
Here and abroad, people cherish our products because they are stores of value as well as exquisite encapsulations of America's ideals. In forms designed to be passed from hand to hand and saved from generation to generation, the coins we mint reflect our shared history and traditions. Whether it is learning to count with pennies, understanding the value of saving through the weight of a piggy bank or remembering the coin toss at your first football game, coins connect us to many of our fondest memories.
Perhaps most importantly, the United States Mint connects us with the core values of America. From the great promise of our E Pluribus Unum credo beneath the banner of Liberty, each coin is a small share in the ongoing American Experience, linking us in an unbroken line to our country's—and the Mint's—origins in the Constitution.
Since Congress created the United States Mint on April 2, 1792, it has grown tremendously. In recent history, circulating coin production has varied between 4 billion and 10 billion coins annually. In Fiscal Year 2010, the United States Mint generated a record $3.89 billion in annual revenues. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury.
G. Edward Griffin | The Federal Reserve is a Banking Cartel | Anarchapulco 2019 Interview
Donate LIFE FORCE:
G. Edward Griffin, author of The Creature from Jekyll Island, sits down with TSOA's Sonny Mazzone to discuss the Federal Reserve, its shadowy creation, and how this banking cartel controls American politics.
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Join The State of Anarchy this September's Harvest Moon (13-15) in Philadelphia Pennsylvania, where we will host Anarchadelphia, and aim to foster unbreakable relationships between the movement's leading forces whom teach self love and ownership, blockchain techno-economics as well as exposing the Earth's sacred hidden knowledge.
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Session 4: Issues in Mortgage and Housing Finance
This video from the Enhancing Prudential Standards in Financial Regulations conference consists of a panel discussion with Moderator David Musto of the Wharton School of the University of Pennsylvania and panelists Susan Wachter of the Wharton School of the University of Pennsylvania, Ronel Elul of the Federal Reserve Bank of Philadelphia, Joseph Tracy of the Federal Reserve Bank of New York, and James Barth of the Milken Institute
END THE FED Philadelphia
End The Fed rally in Philadelphia on 11/22/08. It was a cold windy day and we had some fun getting the word out about how a criminal private banking cartel is ripping us off and destroying the middle class by design.
The link below will help anyone not aware of the problems with the Federal Reserve System.
On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON.
If you read his speech and question what the Congressman was saying about acceptance of the Scottish distillers bills the real rabbit hole starts below. (Accepted for value?).
Philadelphia End the Fed Rally November 11, 2010 Marching around City Hall 1
Small sampling from the End the Fed Rally that took place today, Saturday November 20, 2010 in Philadelphia. We started at The Federal Reserve Bank of Philadelphia where we heard a few speeches and were entertained by Jordan Page. Then we marched up Market Street from 6th around City Hall and then back down Market Street all the while trying to raise awareness about sound money, personal Liberty and ending the Federal Reserve
Business News - US Federal Reserve, Dell Inc, J.C. Penney, United States
A second Fed official says wants to pare asset purchases
LANCASTER, Pennsylvania (Reuters) - A second Federal Reserve policymaker is calling on the U.S. central bank to begin tapering the amount of bonds it is buying. Philadelphia Fed President Charles Plosser said on Wednesday the benefits of the so-called quantitative easing program, which snaps up $85 billion in assets per month to promote investment and economic growth, are meager and outweighed by the potential costs of such aggressive policy easing. ...
Dell's Special Committee Defends Sale of Company
A special committee of Dell Inc's board of directors said the pending sale of the PC maker was the best alternative for shareholders, despite opposition from its largest outside shareholder.
J.C. Penney Board Said To Consider Sale Later This Year; Wall Street Bull Slashes Outlook
J.C. Penney's board is reportedly mulling a sale or firing new CEO Ron Johnson if the plunge in sales doesn't turnaround, casting fresh gloom on the company.
US stock market isn't the only one racing ahead
U.S. stocks are not alone in racing ahead this year. Many markets in Europe and Asia are trading at multi-year highs, too, in part because of Wall Street's rally.The advances in some places have been surprising, ...
Couple Arrested for End the Fed Pamphlets at Liberty Bell #N3
PHILADELPHIA -- Two activists attempted to distribute pamphlets calling for the abolition of the Federal Reserve until they were surrounded by a large pack of park police who took them to the ground, handcuffed them, and issued them citations for interfering with an agency function and failure to obtain a permit.
This report also includes...
SAN FRANCISCO -- U.S. District Judge Susan Illston in San Francisco has refused a request by Google to throw out or modify 19 National Security Letters allowing the FBI to conduct ongoing, warrantless data collection.
PITTSBURGH -- Pittsburgh resident Janice Gibbs visited several on-line forums under the pseudonym Proud American to express her views on fracking -- only to be shocked when Pennsylvania State Representative Jesse White apparently retaliated by posting her real identity, then directing personal abuse at her and encouraging others to do so.
ST. CHARLES, Illinois -- Police in St. Charles, Illinois, are re-selling about twenty guns obtained in a buy-back program to local licensed gun dealers. According to St. Charles Police Chief James Lamkin, There's value in these guns. They're no illegal guns. Quite honestly, it's a bottom line for us.
SACRAMENTO, California -- In April 2012, George Ramirez called 911 to report that his son was severely depressed and in need of medical help. Deputy Art Parra, Jr. of the Stanislaus County, California Sheriff's Office soon arrived and demanded that the young man get up and place his hands behind his back. George, Jr. complied, but asked to see the deputy's credentials. Parra replied by shooting George with his taser. After the confused man rose to his feet, Parra shot him four times at point-blank range.
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Walking in New York City - Brooklyn Bridge to World Trade Center | Wall Street | Battery Park
Walking 3 Miles from Brooklyn to New York City. The walk takes us over the Brooklyn Bridge, and onto the Financial District. Stopping by the World Trade Center Site, Wall Street, Stock Exchange and Federal Hall. Then stopping for a musical performance, before heading through Battery Park for some views of the harbor and the Statue of Liberty, ending in the Whitehall Street Subway Station
Timestamps to skip ahead: Please Subscribe!!!!
00:10 - Entering the Brooklyn Bridge Walking / Bike Path
02:03 - Speeding Scooter
03:58 - Military personnel
06:05 - Starting to merge with the tourists
07:00 - Officially on the Brooklyn Bridge
10:18 - Approaching the South Suspension Tower
11:36 - Looking up at suspension cables
12:10 - Reaching the South Suspension and looking around
12:52 - View of Manhattan Bridge and traffic on Brooklyn Bridge
13:45 - Continuing the cross over...
16:07 - Nice view of city...
17:27 - Approaching the North Suspension Tower
19:33 - Art vendor selling art at North Suspension
19:55 - Look at city skyline and traffic
20:11 - Straight up look
20:36 - Look at skyline - Southern tip of Manhattan
28:18 - First I get cut off... and then they cant make up their mind where they are going. LOL.
30:00 - Exiting the path at Centre Street
30:50 - City Hall
31:32 - City Hall
34:08 - On Broadway
34:58 - St. Paul's Chapel and WTC Tower 10
36:46 - Walking through St. Paul's church yard
37:12 - Bell of Hope
37:22 - Look at tombstones
38:55 - Entering World Trade Center Site - The Oculus, WTC Buildings, 9/11 Memorial Pools and more...
47:14 - Leaving World Trade Center Site and heading to Wall Street Stock Exchange
52:34 - New York Federal Reserve Bank - I worked here from 2002 to 2005
53:54 - Another look at Federal Reserve
55:40 - Walking by Federal Hall
56:20 - Wall Street - Stock Exchange and Federal Hall
57:21 - Standing where George Washington stood when he was inaugurated
58:17 - Trinity Church
59:30 - Tourists taking pictures with Fearless Girl Statue
59:48 - Walking Broad Street and heading to Battery Park...
1:02:25 - Walking along Beaver Street
1:04:32 - Making a quick stop at Bull Statue - too crowded...
1:06:20 - Stopping to watch performance by Catherine Wynder - Violinist.
Anyone interested, her YouTube channel -
1:10:34 - Walking through Bowling Green
1:11:40 - National Museum of the American Indian
1:13:10 - Entering Battery Park
1:15:55 - Castle Clinton and look around inside and the museum
1:18:55 - Walking through the park with views of Statue Of Liberty
1:22:04 - East Coast Memorial - Honoring 4,601 Americans who dies in the Atlantic during WWII
1:24:45 - Leaving the park
1:26:26 - State Street
1:27:47 - Staten Island Ferry Terminal
1:28:38 - Entering Whitehall Street Train Station - R , W , 1 Trains
Filmed with GoPro Hero 7 | 1080p | 60fps
Shotcut Video Software used to edit and export to YouTube
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Feel free to leave comments! Thanks for viewing! ~ Vince
Streets of Philadelphia, Pennsylvania-Independence Square
Video 659 (re-post-3rd journey) of the David Rush Travel Show. Go to
horse carriage, cheese steaks, federal reserve bank,
independence national historic park, independence hall tour
Rep. Kanjorski D-PA Explains $550 Billion Run on Stock
Rep. Kanjorski (2009) explains that Federal Reserve told Congress members about a tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars. According to Kanjorski, this electronic transfer occurred over the period of an hour or two. From outside source - If not halted, 5.5 Trillion dollars could been withdrawn w/i 24hrs leading to global collapse
The Federal Reserve and You - Chapter 4
Chapter 4: Monetary Policy
In this chapter, learn more about the Federal Reserve’s monetary policy. Find out how changes in the money supply can affect interest rates and, in turn, affect economic growth and the price level. Learn more about the importance of price stability and the Federal Reserve’s goals of monetary policy. Explore four of the Federal Reserve’s monetary policy tools — open market operations, the discount rate, reserve requirements, and interest on reserves.
PSU schuylkill Business Society trip to philadelphia
The members of the Business Society at Penn state University, Schuylkill Campus, took a trip to Philadelphia to visit the National Constitution Center and the Federal Reserve Bank of Philadelphia. GREAT EXPERIENCED!!!
Quantitative Easing News - US Federal Reserve, Peter Schiff, Bank of England
A second Fed official says wants to pare asset purchases
LANCASTER, Pennsylvania (Reuters) - A second Federal Reserve policymaker is calling on the U.S. central bank to begin tapering the amount of bonds it is buying. Philadelphia Fed President Charles Plosser said on Wednesday the benefits of the so-called quantitative easing program, which snaps up $85 billion in assets per month to promote investment and economic growth, are meager and outweighed by the potential costs of such aggressive policy easing. ...
Peter Schiff And The Coming Housing Collapse: The Fed, Instead Of Lehman, Owns The Mortgage Market
With market participants cheering a new all-time high in the Dow Jones, one man is predicting this misplaced optimism will lead to a worse collapse than in 2008.
British banks cut lending despite Bank of England largesse
LONDON (Reuters) - The Bank of England's flagship plan to boost lending failed to stop a decline in bank loans late last year, adding to pressure on the central bank provide alternative economic stimulus.