The fiscal agent of the U.S.government is the
A)U.S.Treasury.
B)Federal Reserve System.
C)Securities and Exchange Commission.
D)Congress.

Question

Quizplus · Accepted Answer

The fiscal agent of the U.S. government is the U.S. Treasury, which manages the federal government's finances, collects taxes, issues government securities, and manages the national debt. The Federal Reserve System is the central bank of the United States, which has monetary policy responsibilities and plays a role in the supervision and regulation of banks. The Securities and Exchange Commission (SEC) is an agency that regulates the securities industry and protects investors, but it is not the fiscal agent of the U.S. government. Congress is the legislative branch of the federal government, which has the power to levy taxes, appropriate funds, and regulate commerce, but it is not the fiscal agent of the U.S. government either.

The Fiscal Agent of the U.S.government Is the