Which of the following directs the buying and selling of U.S. government securities?
A) Board of Governors
B) Federal Reserve Banks
C) Federal Open Market Committee
D) Federal Advisory Council

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) directs the buying and selling of U.S. government securities, as well as sets monetary policy and regulates the money supply. The Board of Governors and Federal Reserve Banks are also involved in these activities, but the FOMC is responsible for making the key decisions. The Federal Advisory Council provides advice and recommendations to the Board of Governors but does not direct the buying and selling of securities.

Which of the Following Directs the Buying and Selling of U.S