Question

Which body manages the Fed?

Answer 1

Federal reserve board


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Answer 2

Answer:

The body that manages the "Fed" (the Federal Reserve System) is the Federal Reserve Board of Governors.

Explanation:

The Board of Governors of the Federal Reserve is the board of directors of the Federal Reserve System, that operates as the American central bank. Its mission is to oversee the twelve Federal Reserve Banks and help implement monetary policy in the United States.

It is composed of seven members appointed by the President of the United States and confirmed by the Senate for 14-year staggered terms. The board is currently chaired by Jerome Powell.