The power to regulate the quantity and value of money has been delegated by Congress to the U.S. Treasury Department.

Question

Quizplus · Accepted Answer

The power to regulate the quantity and value of money is primarily exercised by the Federal Reserve System (the Fed), not the U.S. Treasury Department. The Fed, as the central bank of the United States, conducts monetary policy to influence money supply and interest rates.

The Power to Regulate the Quantity and Value of Money