When the Fed was created,its governing body was called the Federal Reserve Board,but it was later officially renamed the Board of Governors of the Federal Reserve System.

Question

Quizplus · Accepted Answer

This statement is true. The original name of the Fed's governing body was the Federal Reserve Board, but it was changed to the Board of Governors of the Federal Reserve System in 1935.

When the Fed Was Created,its Governing Body Was Called the Federal