The Federal Reserve System
By: CoCo Collins
The Fed Overview
The purpose of The Fed is to manage the nations money supply and to regulate the amount of money in current circulation. They supervise other banks throughout the nation too.
The U.S Mint
The basic function of the U.S Mint is to construct and distribute the coins in the United States.
The Federal Reserve
The Federal Reserve System is responsible for managing the nations money supply and the current amount of money in circulation. It is located in 12 districts around our nation
The Bureau of Engraving and Printing
The Bureau of Engraving and Printing is in charge of developing and producing currency notes.
Board of Governors
The Board of Govenors is made up of seven board members and is responsible for making decisions about the nations monetary policies. They are located in Washington D.C.
FOMC (Federal Open Market Committee)
The Federal Open Market Committee or FOMC is responsible for buying and selling of government securities. They are made of of the seven Board of Governers and presidents of four other districts who serve one year each.