The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States.The Federal Reserve System fulfills its public mission as an independent entity within government. It is not "owned" by anyone and is not a private, profit-making institution.However, the Federal Reserve is subject to oversight by the Congress, which often reviews the Federal Reserve's activities and can alter its responsibilities by statute.

Fed

The Federal Reserve is responsible for managing the money supply in the U.S.

The Federal Reserve is a central banking system belonging to the United States. The purpose of the Fed Reserve is to provide stab;e prices, maximum employment, and long-term interest rates.

The Federal Reserve, also known as the Federal Reserve Bank or just the Fed.