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As of recent estimates, approximately 20,000 people work in the Federal Reserve System across its 12 regional banks and the Board of Governors in Washington, D.C. This workforce includes a range of professionals, such as economists, analysts, and support staff, who contribute to the various functions of the Federal Reserve, including monetary policy, financial supervision, and payment services. The exact number can fluctuate based on staffing needs and organizational changes.

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How many employees are in the Federal Reserve System?

I just heard that there are 20,000 employees in the Federal Reserve system! That is insane!! No wonder why we are 14 trillion in debt, with this many people employed in a quasi-governmental body!!


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The Federal Reserve System processes over 89 million checks every year.


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