Which is the most important category of Fed assets?

Question

Quizplus · Accepted Answer

Securities are the largest category of Fed assets, accounting for over 90% of total assets. These include Treasury securities and mortgage-backed securities purchased as part of the Fed's open market operations. The Fed uses these securities to influence the supply of money and credit in the economy. Discount loans, gold and SDR certificates, and cash items in the process of collection are also important categories of Fed assets, but they are smaller in size and do not have as direct an impact on monetary policy.

Which Is the Most Important Category of Fed Assets