In addition to monetary policy,the Fed also has the power to:
A) control the mortgage market.
B) oversee Treasury transactions.
C) regulate banks.
D) monitor the housing market.

Question

Quizplus · Accepted Answer

The Federal Reserve has regulatory authority over banks and oversees their operations to ensure stability in the banking system. While the Fed may indirectly impact the mortgage and housing markets through its monetary policy decisions, it does not have direct control over these markets. The Fed also does not oversee Treasury transactions, which are handled by the U.S. Treasury Department.

In Addition to Monetary Policy,the Fed Also Has the Power