THE FED

The Banks Bank.

The Federal Reserve.

The fed as it's know on the street, is the central bank of The United States. The fed was established 1913 when President Woodrow Wilson signed The Federal Reserve Act into law. There are 7 members on the board of the fed. The chairmen is Ben S. Bernanke he began a second term as Chairman of the Board of Governors of the Federal Reserve System on February 1, 2010. The Federal Reserve System has 12 districts across the United sates, each of the districts bank is located in a major city. All banks located in the U.S are under the jurisdiction of the 12 district banks.

The U.S Mint