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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 6 / 1539 | 
                
    
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The Vice Chairman is Donald Kohn, who has been a member of the Board of Governors since 2002. The Board of Governors supervises and regulates âthe operations of the Federal Reserve Banks, exercises broad responsibility in the nationâs payment system, and administers most of the nationâs laws regarding consumer credit protectionâ (4)...
        
        
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The Board also has the authority to approve discount rates that are initiated by the Federal Reserve Bank and the authority to change the Reserve Requirements.
The US banking system is regulated and supervised by the Board of Governors. The board is in charge of overseeing nine hundred state banks and five thousand bank holding companies (5)...
        
        
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            General points of the essay
            
                                    Federal reserve system
                                    The Federal Reserve System: Modern Fascism And Absolute Power
                                    Chicago Federal Reserve
                                    Federal Reserve's Role in the Economy
                                    Federal Reserve
                                    Role Of The Federal Reserve In The Payments System
                                    Role of Federal Reserve
                                    The Federal Reserve Board
                                    The Federal Reserve System
                                    U.S. Monetary Policy and What the Federal Reserve
                                    Alan Greenspan, Chairman Of The Federal Reserve Board:
                                    Federal Reserve Act
                                    THE FEDERAL RESERVE'S CURRENT
                                    The Development of the Federal Reserve
                                    federal reserve and inflation
                            
                    
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