Federal Reserve System
The Federal Reserve System (Fed) includes three key entities: The Board of Governors, 12 Federal Reserve Banks, and the Federal Open Market Committee. The Fed serves the public's interest by performing five functions that promote the effective operation of the U.S. economy. Those five functions include: conducting monetary policy, supervising and regulating financial institutions and their activities, promoting consumer protection and community development, promoting financial systems stability, and fostering payment and settlement systems safety and efficiency. Available for download are some Federal Reserve System research papers. Just click on the Federal Reserve Systems link and search for the following titles:
• Distributed Ledger Technology: Implications of Blockchain for the Securities Industry.
• Cryptocurrencies, Digital Currencies, and Distributed Ledger Technologies: What Are We Learning?
• Blockchain and Financial Market Innovation. June 2017, PDP 2017-03. The Federal Reserve Board of Chicago.
• What Are We Learning about Artificial Intelligence in Financial Services? Philadelphia, Pennsylvania. November 13, 2018