The Federal Reserve
By: Carly Rivest
The Fed
Purpose: The main goal of The Fed is to stabilize the government.
Regulation: The Fed regulates the nations money supply through the FOMC or the Federal Open Market Comittee.
Supervision: The Fed supervises the banks by setting limits on loans, approving bank merges, and examin bank managers.
District Banks & Loctaions: There are 12 district banks and they are located in the picture below.
1. Boston, MA
2. New York, NY
3. Philadelphia, PE
4. Cleveland, OH
5. Richmond, VA
6. Atlanta, Georgia
7. Chicago, IL
8. St. Louis, MZ
9. Minneapolis, MN
10. Kansas City, MZ
11. Dallas, TX
12. San Francisco, CA
Board Of Governors
Purpose: The purpose of the Board of Governors is to regulates the moneys gold and money supply.
The Board of Governors is located in Washington D.C.