Federal Reserve (in relation to financial legislation)

The Federal Reserve, often called the Fed, is the central bank of the United States. Its main roles include regulating the money supply, supervising banks, and setting interest rates to promote economic stability and growth. In relation to financial legislation, the Fed implements policies that influence lending and investment, which affect the economy. It also works with lawmakers to support regulations that improve financial system safety and consumer protection. Overall, the Fed aims to maintain a stable financial system and prevent economic crises through its policy decisions and oversight.