Federal Reserve

Federal Reserve

Sale price  £101.24 Regular price  £134.99
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Federal Reserve

Federal Reserve

Functions & Policies

Written by John P Ranchett

Sale price  £101.24 Regular price  £134.99
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In 1913, Congress created the Federal Reserve System to serve as the central bank for the United States. The Federal Reserve formulates the nation's monetary policy, supervises and regulates banks, and provides a variety of financial services to depository financial institutions and the federal government. The system comprises three major components: the Board of Governors, a network of 12 Federal Reserve Banks and member banks. Congress created the Federal Reserve as an independent agency to enable the central bank to carry out its responsibilities protected from excessive political and private pressures. At the same time, by law and practice, the Federal Reserve is accountable to Congress. This book examines the structure and operations of the major components of the Federal Reserve System and provides an overview of congressional oversight activities with a focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act.
ISBN-13
9781621005285
Publication date
26 January 2012
Format
Hardback
Pages
151
Dimensions
155 x 230 mm
Language
English

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