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Glass’s aim when founding the Fed was to avoid giving too much economic power to Washington bureaucrats. The regional banks would be like the states, while the board of governors would be like Congress. To placate bankers who wanted the government to stay out of their business, banks would themselves capitalize each regional Fed and appoint two thirds of its directors.
参考译文：
当成立美联储时，格拉斯的目的是为了避免将太多的经济权力交给华盛顿的官僚。区域银行将像美国各州，而董事会则像国会。为了安抚那些希望政府不插手的银行家们，银行将自己投资每个区域的美联储并任命其中三分之二的董事。