The Comptroller of the Currency
A) serves as Chairman of the Board of Governors.
B) serves as a member of the Board of Governors.
C) serves as an alternate member of the Board of Governors.
D) does not serve on the Board of Governors.

Question

Quizplus · Accepted Answer

The Comptroller of the Currency is an independent agency within the U.S. Department of the Treasury, and does not serve on the Board of Governors of the Federal Reserve System. However, they do work closely with the Federal Reserve and other regulatory agencies to supervise and regulate national banks and thrift institutions.