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All decisions must be approved by the president.

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Mortimer Welch

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Q: Is not true of the federal reserve system?
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Related questions

True or false the national bank replaced the federal reserve system?

It is false that the National Bank replaced the Federal Reserve System.


are banks that are not members of the federal reserve system are subjectto federal regulations. true or false?

true


What statement about the federal reserve system is true?

It is responsible for FDIC


What statement about the federal reserve system is not true?

It is responsible for FDIC


Which is not true of the Federal Reserve System?

All decisions must be approved by the president.


Which of the following is not true of the Federal Reserve System?

all decisions must be approved


What is federal reserve system for?

what is one of examiner jobs at the federal reserve


Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?

Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?


The Federal Reserve System operates?

The Federal Reserve System operates in the United States of America. The Federal Reserve is the central banking system of the United States. It was created in the year 1913. Ben Bernanke is the chairman of the Federal Reserve. He has been the chairman since 2006. Before him, Alan Greenspan was the chairman of the federal reserve.


What changes were made to the Federal Reserve system in 1935?

The federal reserve system was given more centralized power


Which of these is most closely associated with the Federal Reserve System?

The Federal Reserve System is most closely related to banking.


Who owns the securities at the Federal Reserve?

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.