Federal Reserve Bank Responsibilities?

Answer The Federal Reserve is an independent entity that works with the U.S. government to supervise banking and stabilize the economy. The Federal Reserve System is made up of a seven-member board and 12... Read More »

Top Q&A For: Federal Reserve Bank Responsibilities

Is the Federal Reserve Bank a Private Bank?

Federal Reserve banks are not private companies, according to the Federal Reserve Board. However, they do act like a private company because private banks can hold stock in Federal Reserve banks--b... Read More »

Is the Federal Reserve Bank a federal agency?

The Federal Reserve Bank is a component of the Federal Reserve System (a.k.a., the Fed), which is a government agency of the United States. The Reserve Bank is made up of 12 regional banks across m... Read More »

Where is the Federal Reserve Bank?

The Board of Governors of the Federal Reserve Bank is located in Washington, D.C., at 20th Street and Constitution Avenue NW. However, the Federal Reserve Bank has regional branches in Boston, New ... Read More »

Who is the chairman of the federal reserve bank?

As of 2010, Ben Bernanke is the chairman of the Federal Reserve System's Board of Governors. He has served as chairman since February 1, 2006 and his second term as chairman is set to end on Januar... Read More »