All of these actions are performed by the Federal Reserve regional banks EXCEPT
A) distributing coins and currency.
B) setting reserve requirements.
C) regulating and supervising member banks.
D) providing a nationwide payments system.

Question

Quizplus · Accepted Answer

Setting reserve requirements is a function performed by the Board of Governors of the Federal Reserve System, not the regional banks. The other actions listed are all performed by the regional banks.

All of These Actions Are Performed by the Federal Reserve