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The reductions will be spread across the 3,000 employees in Washington and 21,000-some other staff in the 12 reserve banks throughout the country, the memo says.—Sara Dorn, Forbes.com, 16 May 2025 The first $6 billion in remittances from reserve banks would be set aside each year between 2025 and 2029 to build up the reserve.—Julia Shapero, The Hill, 11 Mar. 2025 The law lays out a series of authorities held by the board, sets the structure of hybrid public-private reserve banks across the country, and empowers the Federal Open Market Committee to set monetary policy.—Neil Irwin, Axios, 21 Feb. 2025 The other 12 members of the Fed's rate-setting committee are presidents of reserve banks around the country, whose terms are also staggered and who are appointed by local boards of directors.—Neil Irwin, Axios, 23 Jan. 2025 See All Example Sentences for reserve bank
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