Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

True or False

The Federal Reserve System functions as the nation’s bank.


Sagot :

Gibbs
The Federal Reserve System functions as the Central Bank of the United States. It controls certain aspects of the money supply, buys and sells U.S. Treasury Bonds,  serves as a lender of last resort, and provides other financial services for the U.S. Government. 
This is TRUE
I mean the Library of Congress says so, you can google their website.

Besides, it's in the name.
Hope this helps!