NEWS: Law’s FBLA Club Takes Field Trip To New York’s Federal Reserve

(Photo courtesy Mr. Beler)
By Maya Markowitz – Social Media Editor
Members of Law’s Future Business Leaders of America Club got the opportunity to visit the New York Federal Reserve on February 22.
Students spent the entire day in New York City, accompanied by Business teachers and FBLA Club advisors Mr. Beler and Mrs. Israelite. They got the opportunity to take a tour of the Federal Reserve and learn about how it works.
“The goal of the trip was to see one of the federal government’s institutions and see how it operates and see billions in gold,” Beler said. “The students received a tour of the vaults and participated in a scavenger hunt.”
The Federal Reserve is home to 507,000 gold bars, equating to billions of dollars in value. These are stored in the basement of the Federal Reserve, which are only seen on a request-only basis, usually limited to only those in certain counties of the United States.
“I love to give students the opportunity to learn more about business and the economy in an interactive way,” Israelite said. “We were able to see billions of dollars worth of gold in the vaults. In addition, students were able to see the Statue of Liberty, the New York Stock Exchange, Wall Street Bull, and more.“
Students were able to ask questions and engage with global economies which is relevant to the work that they do in FBLA.
“I learned about how the Federal Reserve was very important to the United States but also very important to other countries,” sophomore Alani Velez said.
At the end of the trip, students were able to take part in different activities in the city including sightseeing and other leisurely activities.
“My favorite part of the trip was renting and riding bikes around the city with friends while we waited for the train home,” junior Christian Galligan said.
One of the highlights of the trip for some was seeing the Statue of Liberty.
“I was really excited to see the Statue of Liberty because I’ve never seen it before,” senior Hailey Russo said. “The trip was such a good experience.”
