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Why is the federal government responsible for money and banking?
Wiki User
∙ 6y ago
If the federal government wasn't in charge it would be a mess. That would mean there would 50 different kinds money and no rules on banks. It falls to the federal government to make sure the money is good for the United States and overseas.
Wiki User
∙ 6y ago
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What steps did were taken by the Federal Government to regulate the banking industry?
the federal gov did not take any steps they took leaps. they gave money to people who needed it.
Which of the following government agencies is responsible for managing the money supply in the united states?
The federal reserve bank
Who builds roads?
The city is responsible for making the roads. Each city is given money from the federal government to take care of the roads.
Which of the following government agencies is responsible for managing the money supplt in the US?
federal reserve bank. APEX! n_n You naughty varlet you! ;-)
Can congress appropriate money to the federal government?
Yes, it is true that Congress can appropriate money to the federal government. This is how federal departments are funded.
What services are provided by the federal reserve system?
banking loans. deposits(for buisnesses and government) handles money...
What government entity is responsible for monitoring the US money supply?
Federal trade commission
What is one power of the federal gaverment?
The states must obey the rules and laws of Federal Government.
What policy is related to money and banking?
Monetary Policy is related to money and banking. This policy influences things like the Discount Rate. In the United States this is controlled by the Federal Reserve system. The Government is responsible for Fiscal Policy, which is basically making decisions about taxation and spending. In the United States this is controlled (for better or for worse) by congress.
What steps did were taken by the Federal Government to regulate the banking industry?
the federal gov did not take any steps they took leaps. they gave money to people who needed it.
What government agency is responsible for the control of money supply?
The Treasury
What government agency conducts monetary policy in the United States?
The Federal Reserve is responsible for managing the money supply in the U.S.
The economic policies of the federal government from 1921 to 1929 were responsible for the nation's depression of the 1930's--assess the validity of this statement?
The economic policies of the federal government from 1921 to 1929 were not solely responsible for the nation's depression but had a large impact on it. For example, the federal government freely lent money to banks which in turned gave it to their customers.
Who does the federal reserve offer banking services to?
The Federal Reserve offers banking services to the many banks in the United States. The Federal Reserve is where banks store large sums of money.
Which of the following government agencies is responsible for managing the money supply in the united states?
The federal reserve bank
Does Illinois receive any money from the federal government?
Yes, Illinois receives funding from the federal government in the form of grants, aid for programs such as healthcare and education, and support for infrastructure projects. This funding helps finance various initiatives in the state and contributes to its overall economic well-being.
Can congress appropriate money to the federal government?
Yes, it is true that Congress can appropriate money to the federal government. This is how federal departments are funded.
