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  2. Federal Reserve - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve

    The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.

  3. Structure of the Federal Reserve System - Wikipedia

    en.wikipedia.org/wiki/Structure_of_the_Federal...

    The Federal Reserve System in the United States is generally regarded as one of the more independent central banks. The Federal Reserve System is an independent government institution that has private aspects. The System is not a private organization and does not operate for the purpose of making a profit. [13]

  4. Federal Reserve Board of Governors - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve_Board_of...

    The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States .

  5. Independent agencies of the United States government

    en.wikipedia.org/wiki/Independent_agencies_of...

    The Federal Reserve regulates private banking institutions, works to contain systemic risk in financial markets, and provides certain financial services to the federal government, the public, and financial institutions. The Federal Retirement Thrift Investment Board (FRTIB) is one of the smaller Executive Branch agencies, with just over 100 ...

  6. Monetary policy of the United States - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    The Federal Open Market Committee (FOMC) is composed of the Federal Reserve Board of Governors and 5 out of the 12 Federal Reserve Bank presidents; the monetary policy is implemented by all twelve regional Federal Reserve Banks. The presidents of the Federal Reserve Banks are nominated by each bank's respective Board of Directors, but must also ...

  7. Federal Reserve says it will leave climate change organization

    www.aol.com/news/federal-says-leave-climate...

    The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate change. The Fed's ...

  8. Vice Chair of the Federal Reserve - Wikipedia

    en.wikipedia.org/wiki/Vice_Chair_of_the_Federal...

    The following is a list of past and present vice chairs of the Board of Governors of the Federal Reserve System. A vice chair serves for a four-year term after appointment, but may be reappointed for several consecutive four-year terms. Since the Federal Reserve was established in 1914, the following people have served as vice chair. [a] [15] #

  9. Federal Open Market Committee - Wikipedia

    en.wikipedia.org/wiki/Federal_Open_Market_Committee

    The Chair of the Federal Reserve has been invariably appointed by the committee as its chair since 1935, solidifying the perception of the two roles as one. [4] The Federal Open Market Committee was formed by the Banking Act of 1933 (codified at 12 U.S.C. § 263) and did not include voting rights for the Federal Reserve Board of Governors.