Marriner S. Eccles Federal Reserve Board Building

The Marriner S. Eccles Federal Reserve Board Building houses the main offices of the Board of Governors of the Federal Reserve System. It is located at 20th Street and Constitution Avenue, N.W., in Washington, D.C. The building, designed in the stripped classicism style, was designed by Paul Philippe Cret and completed in 1937. President Franklin Delano Roosevelt dedicated the building on October 20, 1937.The building was named after Marriner S. Eccles (1890–1977), Chairman of the Federal Reserve under President Roosevelt, by an Act of Congress on October 15, 1982. Previously it had been known as the Federal Reserve Building.Architectural competitionFrom 1913 to 1937, the Federal Reserve Board met in the United States Treasury building on Pennsylvania Avenue in Washington, D.C., while employees were scattered across three locations throughout the city. In response to the Banking Act of 1935, which centralized control of the Federal Reserve System and placed it in the hands of the Board, the Board decided to consolidate its growing staff in a new building, to be sited on Constitution Avenue and designed by an architect selected through an invited competition.