[DOC] [TLE] Federal Reserve System - Wikipedia [PAR] The Federal Reserve System is the central banking system of the United States. It 
was created on December 23, 1913, with the enactment of the Federal ... The 
Federal Reserve System considers itself "an independent central bank because 
its ... To manage the nation's money supply through monetary policy to achieve 
the... [DOC] [TLE] Federal Reserve Bank - Wikipedia [PAR] A Federal Reserve Bank is a regional bank of the Federal Reserve System, the 
central banking system of the United States. There are twelve in total, one for 
each of the twelve Federal Reserve Districts that were created by the Federal 
Reserve Act of 1913. .... The Federal Reserve System is considered to be an 
independent agency... [DOC] [TLE] FRB: Who owns the Federal Reserve? [PAR] Aug 25, 2016 ... The Federal Reserve System is not "owned" by anyone. ... The Federal Reserve 
derives its authority from the Congress, which created the System in 1913 with 
the ... The Board of Governors in Washington, D.C., is an agency of the ... for the 
Federal Reserve System and oversees the 12 Reserve Banks. [DOC] [TLE] Free Flashcards about AMERICAN GOV'T - StudyStack [PAR] ESTABLISHED IN 1913, IT'S THE INDEPENDENT AGENCY THAT OVERSEES 
THE NATION'S BANKING SYSTEM, FEDERAL RESERVE. THE OFFICE OF... [DOC] [TLE] The Federal Reserve: CNBC Explains - CNBC.com [PAR] Mar 18, 2015 ... The Federal Reserve Systemor the "Fed" as it's knownarguably ... Besides 
being the nation's central bank, the Fed studies economic ... The Fed is an 
independent agencywhich means it can make decisions on its ... The U.S. 
Congress created the Federal Reserve System on December 23, 1913, with... [DOC] [TLE]   [PAR] The Federal Reserve formulates the nation's monetary policy, supervises ... 
Congress created the Federal Reserve as an independent agency to enable the 
central bank to carry out its responsibilities protected from excessive political and 
private .... The U.S. central banking system was established in 1913 by the 
Federal... [DOC] [TLE] Federal Reserve System - Federal Reserve Bank of Richmond [PAR] The FOMC oversees open market operations, which is the main tool used by the 
... Federal Reserve Banks were established by the Congress as the operating 
arms of ... The Federal Reserve System fulfills its public mission as an 
independent entity ... like many other central banks, is an independent 
government agency but... [DOC] [TLE] In Plain English (pdf) - Federal Reserve Bank of St. Louis [PAR] Before the Federal Reserve was founded, the nation was plagued with financial 
... havoc on the fragile banking system and ultimately led Congress in 1913 to 
write the ... D.C., is a federal government agency that is the Fed's centralized 
component. .... Each Reserve Bank has its own board of directors, which 
oversees the. [DOC] [TLE] Federal Reserve System - McGill School Of Computer Science [PAR] Created in 1913 by the enactment of the Federal Reserve Act, it is a quasi-public 
.... In its role as the central bank of the United States, the Fed serves as a '
banker's ... Reserve System, oversees and regulates the activities of the private 
banks. .... As an independent federal government agency, the Board of 
Governors does... [DOC] [TLE] Is the Federal Reserve System a Governmental or a Privately ... [PAR] Feb 11, 2008 ... Students of our monetary system quickly encounter this important ... fact that the 
system was originally set up in law by Congress in 1913 and .... As the nation's 
central bank, the Federal Reserve derives its authority from the U.S. Congress. ... 
of economic and financial policy established by the government. [DOC] [TLE] Board of Governors of the Federal Reserve System - AllGov ... [PAR] The Federal Reserve (the Fed) is the nation's central bank. A quasi-public 
institution founded by the U.S. government, the Fed wields enormous power over 
the... [DOC] [TLE] 1913 Federal Reserve Act Definition | Investopedia [PAR] The 1913 U.S. legislation that created the current Federal Reserve System. ... the 
nation with a safe, flexible and stable monetary and financial system. It is based 
on a federal system that comprises

Question: Established in 1913, it's the independent agency that oversees the nation's banking system
Answer: the Federal Reserve