Which is the most important category of Fed assets?

Question

Quizplus · Accepted Answer

Securities are the most important category of Fed assets because they make up the majority of the assets on the Fed's balance sheet and play a crucial role in implementing monetary policy. The Fed uses its holdings of securities to control the supply of money in the economy and influence interest rates. Discount loans, gold and SDR certificates, and cash items in the process of collection are also important categories of Fed assets, but they do not have the same level of significance as securities.

Which Is the Most Important Category of Fed Assets