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The Federal Reserve<span> System, often referred to as the </span>Federal Reserve<span> or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.</span>
Securities and Exchange commission. (SEC)
The SEC<span> acts independently of the U.S. government and was established by the </span>Securities<span> Exchange Act of 1934. One of the most comprehensive and powerful agencies, the </span>SEC<span> enforces the federal </span>securities<span> laws and regulates the majority of the </span>securities<span> industry.</span>