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Dafna11 [192]
1 year ago
13

the federal reserve: regulates the banking system. clears all checks. prints all currency. makes loans to individuals.

Business
1 answer:
Andrew [12]1 year ago
6 0

The Federal reserve regulates the banking system. The American government's central bank and monetary authority is known as the Federal Reserve System.

  • A secure, adaptable, and stable monetary and financial system is provided by the Fed for the nation.
  • The 12 regional Federal Reserve Banks that make up the Federal Reserve System are each in charge of a particular part of the country.
  • Conducting national monetary policy, overseeing and regulating banks, preserving financial stability, and offering banking services are among the Fed's primary responsibilities.
  • The Fed manages the nation's money supply through the Federal Open Market Committee, which also sets monetary policy.
  • The Federal Reserve System's primary regulator of banks that are members is the Fed, which has broad authority to take action to promote financial stability.

Learn more about Federal Reserve System, here

brainly.com/question/3603615

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Refer below.

Explanation:

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