Cong works in the banking industry. He is responsible for ensuring that member banks in his district have enough cash on hand to serve customers during the holiday buying season. Congmost likely works in
A) a chartered bank.
B) the Bureau of Engraving and Printing.
C) a commercial bank.
D) the Federal Reserve Bank.
E) the Board of Governors.

Question

Quizplus · Accepted Answer

The Federal Reserve Bank is responsible for regulating the banking industry and ensuring that banks have enough cash on hand to meet customer demands, including during peak times like the holiday buying season. This includes tasks such as distributing currency to member banks.

Cong Works in the Banking Industry