The Federal Reserve
Banking and Investing
The Federal Reserve In 1913 the Federal Reserve was created by Congress to insure economic security. The Federal Reserve goes by many nicknames which include: “The Fed” and “The Bank’s Bank”. Throughout the United States there are a total of 12 different regional Federal Reserves.
Board of Governors Federal Reserve Banks Member Banks
Other Depository Institutions/ American People Federal Open Market Committee Advisory Councils
â€œThe Federal Reserve conducts monetary policy by regulating banks. These actions help keep our economy stable by securing and regulating moneyâ€?.