Federal Reserve System | Definition, History, Functions, & Facts
https://www.britannica.com/money/Federal-Reserve-System
webMar 15, 2024 · Federal Reserve System, central banking authority of the United States. It acts as a fiscal agent for the U.S. government, is custodian of the reserve accounts of commercial banks , makes loans to commercial banks, and oversees the supply of currency , including coin , in coordination with the U.S. Mint.
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