Federal Reserve System

The Federal Reserve System, established in 1913, serves as the central bank of the United States, and aims to foster economic stability and strength. Its main responsibilities include conducting the nation's monetary policy, supervising and regulating banks, maintaining financial system stability, and providing financial services to the U.S. government and foreign institutions. With 12 regional Reserve Banks across the U.S., it strives to promote a healthy and efficient financial system to support the growth and stability of the U.S. economy.