The major asset of the Federal Reserve System is

Question

Quizplus · Accepted Answer

The major asset of the Federal Reserve System is government securities, which are the investments made by the Fed in the U.S. Treasury bonds and notes. These securities serve as collateral for the Federal Reserve Notes that it issues and are also used as a means of implementing monetary policy. While the Fed does hold other assets such as loans to banks and gold certificates, government securities are by far the largest and most important asset on its balance sheet.

The Major Asset of the Federal Reserve System Is