Which of the following directs the buying and selling of U.S. government securities?
A) Board of Governors.
B) Federal Reserve Banks.
C) Federal Open Market Committee.
D) Federal Advisory Council.
E) Member banks.

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) directs the buying and selling of U.S. government securities, which is a key tool for implementing monetary policy. The FOMC is made up of members of the Board of Governors and Federal Reserve Bank presidents. While member banks and the Federal Advisory Council play a role in advising the Fed on economic conditions, they do not direct the buying and selling of government securities.

Which of the Following Directs the Buying and Selling of U.S