Structure of the Federal Reserve System
Structure of the Federal Reserve System
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Readers' pathsAug 2026 – Oct 2026
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Federal Reserve Bank
American central banking institution.
25%
Federal Reserve Board of Governors
Governing body of the U.S. Federal Reserve System.
12%
Federal Reserve Act
1913 United States law creating the Federal Reserve System.
11%
Kevin Warsh
Chairman of the Federal Reserve since 2026.
6.8%
Federal Open Market Committee
US body that sets national monetary policy.
6.2%
Central bank
Government body that manages currency and monetary policy.
5.7%
United States Department of the Treasury
United States federal executive department.
3.2%
Federal Reserve
Central banking system of the US.
1.2%
Federal Reserve Bank of New York
Member Bank of Federal Reserve.
1.2%
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