The Federal Reserve is responsible for overseeing all: A. income tax refunds
B. changes in tax policies
C. government spending
D. depository institutions
The Federal Reserve is responsible for overseeing all:
Share
The correct answer is D. depository institutions.
The Federal Reserve, often referred to as the Fed, is the central bank of the United States and is responsible for regulating and overseeing banks and other financial institutions, which are considered depository institutions. This includes ensuring the stability and safety of the banking system. The other options pertain to different areas of government, but they are not under the Federal Reserve’s direct oversight.