Asked by HM
I read this on Wikipedia.. The Federal Reserve System is a part of government that regulates the private banks
And I am stuck at this question.
The Federal Reserve System
c. regulates only national banks.
e. None of these answers is correct.
And I am stuck at this question.
The Federal Reserve System
c. regulates only national banks.
e. None of these answers is correct.
Answers
Answered by
bobpursley
If you mean "regulate" as in supervisory, False.
The FDIC does do some regulations, but it is not a part of the Federal Reserve System.
The FDIC does do some regulations, but it is not a part of the Federal Reserve System.
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