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