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FEDERAL RESERVE

The Federal Reserve is the central bank of the United States. Created in 1913 by the Federal Reserve Act, the Fed’s chief function is to regulate the country’s fiscal policy in order to maintain economic success in a fluctuating market. Ben Bernanke has been head of the Federal Reserve since 2006, and Timothy Geithner will head up the bank in the Obama Administration.

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Reference

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Top Sources: Federal Reserve

  • federalreserve.gov
  • thebigmoney.com
  • cbsnews.com
  • financialstability.gov
  • images.businessweek.com

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2010 Summer Internship - Credit Risk Mgmt Federal Reserve Bank of Cleveland | Cleveland, OH
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