The Fed
The Fed-
Main goal- Stabize the economy
Regulation- Regulate the nations money supply
Supervise banks
Board of governors
-Plays a key role in the decisions of FOMC -Main headqaurters located in Washington D.C.
FOMC
Regulates the amount of money and credit in the economy Main jobs- Open Market Operations, Discount Rate, and Reserve Requirments
Bureau of printing and engraving
-Manufacture and design money that avoids conterfeiting, but also meets quality standards
U.S. Mint
-design and produce U.S. coins -stores gold and silver reserves