The correct option is B. Congress creates new grants for small business owners that scenario directly involves the Federal Reserve leadership.
It helps make the country's monetary system stronger and more stable. In addition to managing the payment system, enforcing consumer protection laws, and conducting monetary policy, it also offers financial services to the government and oversees financial institutions.
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Who controls the Federal Reserve System?</h3>
The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C. It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
The Federal Reserve, also known as the Fed, is the most influential economic organization in the United States and possibly the entire world. Its primary duties include controlling the money supply, determining interest rates, and overseeing the financial markets.
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