Which of the following is NOT a role of the Federal Reserve System?(1 point)

Responses

providing banking services for commercial banks
providing banking services for commercial banks

setting discount rates charged to member banks
setting discount rates charged to member banks

providing loans to individuals and corporations
providing loans to individuals and corporations

regulating member banks

1 answer

The option that is NOT a role of the Federal Reserve System is:

providing loans to individuals and corporations.

The Federal Reserve primarily provides banking services for commercial banks, sets discount rates, and regulates member banks, but it does not directly provide loans to individuals and corporations.