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The Federal Reserve cannot mint coins or print currency, which are functions of the Treasury Department. The Treasury Department is administered by the Secretary of the Treasury, whom is appointed by the President.

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Q: What can the Federal Reserve NOT do?
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Related questions

What government agency conducts monetary policy in the United States?

The Federal Reserve is responsible for managing the money supply in the U.S.


What was the singular achievement of the Federal Reserve Act?

Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.


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There are twelve Federal Reserve districts in the U.S.


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When was Federal Reserve Police created?

Federal Reserve Police was created in 2001.


When was Federal Reserve Unit created?

Federal Reserve Unit was created in 1955.


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