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The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions. The Fed also conducts research into the economy and provides numerous publications, such as the Beige Book and the FRED database.
The Federal Reserve System is composed of several layers. It is governed by the presidentially appointed board of governors or Federal Reserve Board (FRB). Twelve regional Federal Reserve Banks, located in cities throughout the nation, regulate and oversee privately owned commercial banks. Nationally chartered commercial banks are required to hold stock in, and can elect some of the board members of, the Federal Reserve Bank of their region. The Federal Open Market Committee (FOMC) sets monetary policy. It consists of all seven members of the board of governors and the twelve regional Federal Reserve Bank presidents, though only five bank presidents vote at a time (the president of the New York Fed and four others who rotate through one-year voting terms). There are also various advisory councils. Thus, the Federal Reserve System has both public and private components. It has a structure unique among central banks, and is also unusual in that the United States Department of the Treasury, an entity outside of the central bank, prints the currency used.The federal government sets the salaries of the board's seven governors, and it receives all the system's annual profits, after dividends on member banks' capital investments are paid, and an account surplus is maintained. In 2015, the Federal Reserve earned a net income of $100.2 billion and transferred $97.7 billion to the U.S. Treasury and 2020 earnings were approximately $88.6 billion with remittances to the U.S. Treasury of $86.9 billion. Although an instrument of the US Government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the President or by anyone else in the executive or legislative branches of government, it does not receive funding appropriated by Congress, and the terms of the members of the board of governors span multiple presidential and congressional terms."
Federal 9mm Hi-Shok 115 grain Hi-Shok
50 round boxes.
$50 per box. 13 boxes available. Minimum 2 box purchase. Buy the lot and you'll get a metal ammo box to carry them in.
Queen Creek, Arizona. Around the east valley a good bit.
Thank you for looking.
I have new brass Federal 5.56 XM193 55gr rounds that I want to trade for new brass 9mm rounds, or new brass .45 ACP rds.
I want new brass, 115, 124, or 147 gr only. No re-man ammo.
Winchester, Blazer/CCI, Federal, American Eagle, Mag-Tech, IMI, PMC preferred. Others may or may not be...
Brand new in the box, ready to ship is 5000 Federal No. 205M Small Rifle Primers. If you're a reloader, you want components that will do the trick every time. Federal® offers a full line of primers to meet your needs. Manufacture: Federal Cartridge Co. Size: Small Rifle (.175") Use: Standard...
I have some ammo I'm letting go
1000 rounds of 9 mm ammunition. Priced to move.
FMJ, 124gr. brass case, factory new manufacture. Excellent Ammo. No reloads or mixed boxes. Sold by the case only. Text is best. Photo is of actual case of ammo you will receive.
No trades. Will list on GB soon, but...
Native activists have requested the Department of the Interior close all non-native/subsistence hunting on federal land in northwest Alaska. It was only during the Trump Administration that the Alaska Department of Fish and Game was able to regain management of the state's wildlife resources...
The left-wing media and the Leftist Federal Law Enforcement are constantly claiming that "Right Wing Extremists" and "White Supremacists" are the greatest threats to the US. I subscribe to US Department of Justice news releases (U.S. Department of Justice <firstname.lastname@example.org>) and...
5.7 X 28 Federal - American Eagle NIB, with Headstamp FNB – and 5.7 X 28 boxes all sealed less 1 to get headstamp info and all were purchased at the same time. No oxidation, as they all have the protective coating sealing them from the elements etc.
6 boxes total 50 rds each. $65 / box. All six...
The Title actually pretty much says it all less..
NIB / No oxidation. Velocity at muzzle =1,000fps, 25yds = 970 and 50yds still at 950 which gives this round a 400ft lbs of energy down only to 360 at 50 yards (at which the trajectory is only -1.4 because 25yds is the ZERO mark.
Each box is...