An RV is usually not the cheapest housing option. Even with an inexpensive unit, the costs of the RV, site rent, electricity, and propane will be at or very near the rent of a small apartment. In addition, an RV will require more time and money to maintain than an apartment, eating into your savings.
The Federal Reserve Act provided for the selection of. eight to 12 cities for the locations of regional reserve banks to be administered by the. Federal Reserve Board located at Washington D.C. 37 cities requested consideration as a. location for a Reserve bank by the committee.
Based in Washington, D.C., the Fed is the bank of the U.S. government and regulates the nation's financial institutions. It's comprised of a network of 12 Federal Reserve Banks and a number of branches.This is all overseen by the Fed's Board of Governors, which we'll detail a little later.nder the Federal Reserve System, the United States is divided into 12 districts. Each district has an actual bank, called a reserve bank, serving it. But it's not the type of bank where the average citizen deposits money. Rather, it hold the funds of the Fed, which we'll describe below.