1. THe Federal Reserve
... Open Market Committee, and the Federal Advisory Council, and since 1976, a Consumer Advisory Council which includes several thousand member banks. The board of Governors of the Federal Reserve System determines the reserve requirements of the member banks within statutory limits, reviews and determines the discount rates established pursuant to the Federal Reserve Act to serve the public interest; it ... providing banking services to depository institutions and to the federal government; and for ensuring that consumers receive adequate information and fair treatment in the business with ...
- Word Count: 2737
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate