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The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)

The current chairman of the federal reserve is: Ben Bernanke.

I think it is operating very well.

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14y ago

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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.


The Federal Reserve System controls the size of the?

Money supply


Do you control your money when you declare bankruptcy?

The Federal Reserve controls the money in the United States. The Federal Reserve is a private company not associated with the government.


What entity controls the money supply in the US?

The Federal Reserve (the FED)


Who controls how much money is produced?

Federal Reserve, simply put.


Who controls the supply of money in the us?

The Federal Reserve System, a quasi-governmental body, is the central bank that controls the supply of money and/or currency in circulation. The actual production of currencies is by the Department of the Treasury, which operates the US Mints and the Bureau of Engraving and Printing.


The federal reserve is comprised of how any nationwide districts?

The Federal Reserve is comprised of 12 nationwide districts. Each district is served by a Federal Reserve Bank, which operates independently within the framework of the Federal Reserve System. These districts help implement monetary policy and regulate banks within their respective regions.


Who controls how much money is in circulation.?

I'm pretty sure it's the Federal Reserve


Purpose of federal reserve?

The FEDERAL RESERVE is a private corporation that was given powers by the FEDERAL GOVERNMENT to print all the 'so-called' Money and then loan it back to us with interest attached. To get an in depth look at what the FEDERAL RESERVE is and what they do, VISIT THE BELOW LINKand watch the videos they have there. They interview the spokesman for the FEDERAL RESERVE and he tells all kinds of interesting stuff about how the private corporation operates.


Who controls the supply of money in the US today?

the federal reserve of course now do the happy dance


How does the Federal Reserve System controls the fiscal policy of the US?

The fiscal agents of the U.S Treasury is the federal reserve system. They control and monitor the amount of money the private bank has at disposal for paying debts and lending out.


What industry does the federal reserve regulate?

The Federal Reserve Act affects the Banking and Finance In USA. The Federal Reserve is the central bank of the United states and it formulates all the rules and laws governing the baking system in the country. Any bank that operates inside USA has to abide by all the rules laid down by the federal reserve.