PSA Hunger Games, Twelve Banking Districts

9 months ago
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Federal Reserve Act of 1913 created districts:
Each of the twelve Federal Reserve Districts is headquartered in a Federal Reserve Bank: First (Boston), Second (New York), Third (Philadelphia), Fourth (Cleveland), Fifth (Richmond), Sixth (Atlanta), Seventh (Chicago), Eighth (St. Louis), Ninth (Minneapolis), Tenth (Kansas City), Eleventh (Dallas), and Twelfth (San Francisco).

Federal Reserve Act of 1913:
https://www.federalreservehistory.org/essays/fed-structure#:~:text=Each%20of%20the%20Federal%20Reserve%20Districts%20is%20headquartered,%28Kansas%20City%29%2C%20Eleventh%20%28Dallas%29%2C%20and%20Twelfth%20%28San%20Francisco%29.

https://en.wikipedia.org/wiki/The_Hunger_Games_(film)

https://en.wikipedia.org/wiki/Suzanne_Collins

Historical Structure of the Fed
The Board of Governors and the Reserve Banks were established by the Federal Reserve Act in 1913. Following a financial crisis from the panic of 1907, many agreed the US needed a formal Central Bank. In a proposal to Congress, the structure of the Federal Reserve System was said to be "scientific in its method, and democratic in its control."10 The act was signed by President Woodrow Wilson in December of 1913. The act created the structure of the Board of Governors and the existence of the Reserve Banks, but did not outline the existence of the FOMC.

While the Federal Reserve Act outlined the existence of 8 to 12 Reserve Banks, it did not specify where the banks should be located. In early 1914, the Reserve Bank Organization Committee—made up of the Secretary of the Treasury, the Secretary of Agriculture, and the Comptroller of the currency— held hearings and conducted research to help them decide how many banks there should be and where they should be located. Thirty-seven cities applied to host one of the Reserve banks. In April 1914, they announced the 12 new Federal Reserve districts and the cities that would host each Federal Reserve Bank. The location of each bank was determined largely through survey results from national banks, as well as the location of economic life in the early 20th century.11 All 12 Reserve Banks opened in November of 1914.

Hunger Games Plot:
The nation of Panem is divided into 12 districts, ruled from the Capitol. As punishment for a failed revolt many years before, each district is forced to select two tributes, one boy and one girl between the ages of 12 and 18, to fight to the death in the annual Hunger Games until there is only one survivor. The entire event is televised.

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