0
All decisions must be approved by the president.
Still curious? Ask our experts.
Chat with our AI personalities
BlakeAs your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
FranI've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
MaxineI respect you enough to keep it real.
Chat with MaxineAdd your answer:
Earn +20 ptsQ: Is not true of the federal reserve system?
Write your answer...
Submit
Still have questions?
Continue Learning about American Government
What statement about the federal reserve system is not true?
It is responsible for FDIC
What form of government created the federal reserve system?
The American Republic created the first federal reserve system.
Is it true that the Federal Reserve sets the poverty threshold?
I believe the US Department of Health and Human Services determines this (in the US). The Federal Reserve is a completely different institution.
What was the nations first true a central bank?
The nation's first true central bank was The Federal Reserve.
When was federal resev bank opened?
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.
Trending Questions
What was Abraham Lincoln's favorite holiday?
What was the fourth state to secede from the union?
How did president Wilson compensate for the reduced government income resulting from his lowering tariffs?
According to a study for the ferderal department of health and human services which of these statements is false?
What were the Us Presidents Impeached for?
Women in politics gained most respect and earliest suffrage in the?
If you have the right to a fair trial and the corresponding responsibility to?
What does the name Hoover mean?
What did nicholas biddle do to try to save the national bank?
What were the causes of the American enlightenment?
How did Hamilton and Jefferson view government?
What is judicial review and how did the Supreme Court acquire this power?
Who was Spencer M Clark?
What is the mother of ingenuity?
How did the Twenty-Sixth Amendment contribute to increased equality in the US?
How did the fattest man on earth get so fat?
Which statements is true of the presidential elections of 1980 and 1984?
What is a electorit?
Is sovereignty wholly in the hands of the individual states?
What were the main challenges America faced as a new nation after the revolutionary war?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.