The Current Chairman of the Board of Governors of the Federal

The Federal Open Market Committee consists of all the following people EXCEPT A)the Board of Governors of the Federal Reserve System. B)five presidents of Federal Reserve Banks,on a rotating basis. C)the chairman of the President's Council of Economic Advisors. D)the President of the Federal Reserve Bank of New York.

The Federal Reserve System's largest asset among the assets listed below is A)gold. B)loans to depository institutions. C)deposits of depository institutions. D)U.S.Treasury securities.