It's run by a board of governors based in Washington, D.C. and has 12 Federal Reserve banks around the country.

美联储由位于华盛顿的理事会来经营，在全国设立有12家分支机构。

It had 12 Federal Reserve banks located around the main banking centers of the country. So places like New York, San Francisco, Philadelphia.

而且在纽约、旧金山、费城等地有12家位于全国各地主要金融中心的银行。

By 1914, there were 12 Federal Reserve banks throughout the United States in cities such as Boston, New York, and San Francisco.

到 1914 年，美国共有 12 家联邦储备银行， 分布在波士顿、纽约和旧金山等城市。

To prevent the growth of a " central money power, " it provided, in the third place, for the creation of twelve federal reserve banks, one in each of twelve great districts into which the country is divided.

第三，为了防止“中央货币权力”的增长，它规定建立 12 家联邦储备银行， 在国家划分为 12 个大区的每个区中各设立一个。