answersLogoWhite

0

banking loans. deposits(for buisnesses and government) handles money...

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What services does the Federal Reserve provide to commercial banks?

The Federal Reserve provides services to commercial banks such as processing payments, offering loans, and regulating the banking system to ensure stability and efficiency.


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.


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

The Federal Reserve System is most closely related to banking.


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

The federal reserve system was given more centralized power


What was the purpose of the federal reserve act?

When the Federal Reserve Act was signed into law by US President Woodrow Wilson in 1913, the Federal Reserve System was designed to perform the tasks of improving the supervision of banks and services related to the US dollar. It was also charged with the powers of discounting commercial paper. It soon became clear that in the world of super Economics, the role of this system would need to be expanded.


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.


What form of government created the federal reserve system?

The American Republic created the first federal reserve system.


What entities in the Federal Reserve System control the discount rate?

The Board of Governors in the Federal Reserve System control the discount rate.


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

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


What government agency conducts monetary policy in the United States?

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