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This Concept Map, created with IHMC CmapTools, has information related to: The Federal Reserve Cmap 2, 1913 to regulate the banking industry by 1. Making sure that banks are keeping the required reserves 2. Making sure that banks are obeying other laws, What is the Federal Reserve and What Does it Do? regulates monetary policy by 1. Buying and Selling Securities 2. Raising and Lowering the Discount Rate 3. Raising or Lowering the Reserve Requirements, Central bank of the United States to provide banking services to the federal government by 1. Maintaining a checking account for the Treasury Department 2. Processeing transfer payments 3. Selling and redeeming government bonds and other securities 4. Issuing money, What is the Federal Reserve and What Does it Do? consists of 12 regional federal banks, What is the Federal Reserve and What Does it Do? is supervised by The Federal Reserve Board of Governors, Central bank of the United States to provide banking services to other banks by 1. Clearing Checks 2. Supervising lending practices 3. Loaning banks money, What is the Federal Reserve and What Does it Do? was created in 1913, What is the Federal Reserve and What Does it Do? acts as the Central bank of the United States