The federal reserve is only responsible for controlling the money supply.
Federal system is the central banking deals with the financial planning with desire of central credit system control and providing financial assistance.
It is the most powerful reserve of the united states include settling of interest rates, supply money management with the regulation of financial markets.
It follows the monetary policy of the central bank regulating of the government. It is a part of the executive branch of the government to create financial stability of the economy combining the factors affecting it with supply and chain management.
Other federal bodies are appointed to the states to govern the procedures of the financial stability and implementing of several regulations.
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