answersLogoWhite

0

For example, the Fed acts as the Treasury's fiscal agent by putting paper money and coins into circulation, handling Treasury securities, and maintaining a checking account for the Treasury's receipts and payments.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Who is The chief spokesperson for US monetary policy?

The Chairman of the Fed and the Secretary of Treasury


What is a liability for the central bank?

If they issue treasury bonds (in the case of the US Fed).


The fed buys 5 billion worth of treasury bonds on the open market what effect does this have on the money supply?

The Fed sells $5 billion worth of Treasury bonds on the open market.


When cigarette's are taxed by the fed's where does the money go?

Into the United States Treasury.


What is the current yield on the 10-year Treasury bond according to the St. Louis Fed data?

The current yield on the 10-year Treasury bond, based on data from the St. Louis Fed, is approximately 1.5.


What is the result of recent open-market operations by the Federal Reserve System?

In 2004 the Fed made $7.55 trillion of purchases and $7.51 trillion of sales of Treasury securities (mostly short-term Treasury bills). As of June 2005, the Fed held $721.92 billion of U.S. Treasury securities


What best explains why the money supply is increased when the Fed buys Treasury bonds?

When the Fed buys Treasury bonds, it increases the amount of deposits in people's bank accounts.The purchase of bonds increases the amount of deposits in people's bank accounts, which enables banks to loan more money


When the fed wants to ease a tight money supply they will?

issue new treasury securities


What best explains why the money is increased when Fed buys treasury bonds?

There is no following provided?


What is services the fed performs for the treasury department?

It processes payments, such as Social Security checks.


How does the IRS relate to the FED Government?

The IRS (Internal Revenue Service) is part of the Federal government. It is an agency of the Treasury Department, which is part of the Executive Branch of the US Federal government.


What is one service the fed performs for the treasury department?

It processes payments, such as Social Security checks.