Topic: What Is the Purpose of the Federal Reserve
Not finding your answer? Try searching the web for What Is the Purpose of the Federal Reserve
Answers to Common Questions
What Is the Purpose of the Federal Reserve Bank?
The Federal Reserve Bank (Fed) was founded in 1913 as the Central Bank for the United States. Its primary functions are to promote favorable monetary policy, serve as a primary source of supervision and regulation, conduct the daily operati... Read More »
Source: http://www.ehow.com/about_6394452_purpose-federal-reserve-bank_.h...
What was the purpose of the federal reserve act?
The purpose for the Federal Reserve Act was so that they can get Read More »
Source: http://wiki.answers.com/Q/What_was_the_purpose_of_the_federal_res...
What was the Federal Reserve Act purpose?
To prevent another run on the banks (depositors withdraw their money) by allowing the Fed to print money out of nothing. To give the bankers political power internationally. Read More »
Source: http://wiki.answers.com/Q/What_was_the_Federal_Reserve_Act_purpos...
More Common Questions
Answers to Other Common Questions
Current functions of the Federal Reserve System include: To address the problem of banking panics, to serve as the central MORE?
Read More »
Source: http://www.chacha.com/question/what-was-the-purpose-of-the-federa...
The federal reserve is the main bank for the United States of America. The federal reserve was founded in 1913. It is not owned by anyone.
Read More »
Source: http://answers.ask.com/Society/Government_and_Law/what_is_the_fed...
The Federal Reserve Bank (FED) is NOT a government agency. It is a private bank, owned by its member banks, which regulates money supply and interest rates all in hopes of maintaining an ideal inflation rate.
Read More »
Source: http://answers.ask.com/Business/Other/what_is_the_federal_reserve...
The Chairman of the Federal reserve is Ben Bernanke a former economist. He took over in February 2006 replacing Alan Greenspan. In 2007 Bernanke was paid 186,600 dollars as Chairman he gets a raise every year.
Read More »
Source: http://answers.ask.com/Society/Government_and_Law/who_is_the_head...
The current Federal Reserve Chairman is Ben S. Burke. He was sworn in on February 1, 2006, which will expire on January 31, 2010. He hails from Augusta, GA.
Read More »
Source: http://answers.ask.com/Society/Government_and_Law/who_is_the_fede...
The Federal Reserve Board is the executive board of the Federal Reserve Bank. Its members consist of the Governors of the regional Federal Reserve Banks, and the presidentially appointed Federal Reserve chairman.
Read More »
Source: http://answers.ask.com/Business/Finance/what_is_the_federal_reser...
The Federal Reserve is chartered by the United States Government, nobody owns the Federal Reserve,however the Congress can revoke the charter of the Fed.
Read More »
Source: http://answers.ask.com/Society/Government_and_Law/who_controls_th...
