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Alex777 [14]
3 years ago
6

In which of the following scenarios would the Board of Governors be most likely to intervene?

Social Studies
1 answer:
marshall27 [118]3 years ago
4 0
The Board of Governors of the Federal Reserve will intervene when its member banks run low on currency and coin. The Federal Reserve or the Fed is the American central bank. It was created in 1913 and its purpose is to implement the US government's monetary policy. The Fed is independent of the US Congress, but Congress is allowed to review the Fed's activities. The Board of Governers consists of seven members who are each appointed by the President of the United States


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