Federal Reserve Board
Seven member board that supervises the banking system by issuing regulations controlling bank holding companies and federal laws over the banking industry. It also controls and oversees the U.S. monetary system and credit supply.
"Federal Reserve Board" In Context
"The Senate confirmed Obama's two nominees to the Federal Reserve Board, filling the seven-member panel for the first time since April 2006." This Insurance Word is available for Sponsorship Sponsor this Definition Today.