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|OrganizationType=Government | |OrganizationType=Government | ||
|Mission=To foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems to promote maximum employment, stable prices, and moderate long-term interest rates. The Board also supervises and regulates banking institutions to ensure safety and soundness. | |Mission=To foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems to promote maximum employment, stable prices, and moderate long-term interest rates. The Board also supervises and regulates banking institutions to ensure safety and soundness. | ||
|ParentOrganization=Federal Reserve | |||
|CreationLegislation=[https://www.federalreservehistory.org/essays/federal_reserve_act Federal Reserve Act of 1913] | |||
|Employees=400 | |||
|Budget=Self-funded through operations | |||
|OrganizationExecutive=Jerome H. Powell, Chair | |OrganizationExecutive=Jerome H. Powell, Chair | ||
|Services=Monetary Policy; Bank Supervision; Payment Systems | |Services=Monetary Policy; Bank Supervision; Payment Systems | ||
|Regulations=Regulates banking under various federal laws | |Regulations=Regulates banking under various federal laws | ||
|HeadquartersLocation=38. | |HeadquartersLocation=38.8977, -77.0365 | ||
|HeadquartersAddress=20th Street and Constitution Avenue NW, Washington, DC 20551 | |HeadquartersAddress=20th Street and Constitution Avenue NW, Washington, DC 20551 | ||
|Website=https://www.federalreserve.gov | |||
}} | }} | ||
'''Federal Reserve Board (FRB)''' or '''Board of Governors of the Federal Reserve System''', is the main governing body of the [[Federal Reserve|Federal Reserve System]], the central bank of the United States. It is responsible for conducting the nation's monetary policy, supervising and regulating banking institutions, and maintaining the stability of the financial system. | '''Federal Reserve Board (FRB)''' or '''Board of Governors of the Federal Reserve System''', is the main governing body of the [[Federal Reserve|Federal Reserve System]], the central bank of the United States. It is responsible for conducting the nation's monetary policy, supervising and regulating banking institutions, and maintaining the stability of the financial system. | ||
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