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Benjamin Bernanke is the chairman of the board of the Federal Reserve. He was appointed in 2006 by President Bush. Bernanke was preceded by Alan Greenspan.

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As chairperson of the Federal Reserve, you are worried that the economy is facing a downturn List the many actions you can take using the Federal Reserve?

Use open-market operations


How is the FOMC's chairperson chosen?

By tradition, the Committee elects the Board of Governors chairperson as its chairperson and the New York Reserve Bank president as its vice chairperson.


What government agency conducts monetary policy in the United States?

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


What was the singular achievement of the Federal Reserve Act?

Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.


When was the federal reserve established?

The Federal Reserve was created in 1913


How many federal reserve districts did the Federal Reserve Act divide the US into?

There are twelve Federal Reserve districts in the U.S.


What law was passed by congress to prevent financial panic?

The Federal Reserve Act...Apex:)


What is federal reserve system for?

what is one of examiner jobs at the federal reserve


Where was the federal reserve formed?

Who or what group of individuals formed the Federal Reserve


Where is money sent after its made?

When money is minted, the first place it goes is the Federal Reserve. The Federal Reserve is like the ultimate lender. All banks get their money from 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?


Is there 12 federal reserve districts?

yes there is 12 federal reserve districts