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The US Federal Reserve System (The Fed)
America's central bank also called the The US Federal Reserve System or The Fed in the United States. The Federal Reserve deals with monetary policy in the U.S.A through consultation with the presidentially appointed Board of Governors of the Federal Reserve System in Washington, D.C.

Before the current serving Chairman of the Board of Governors of the Federal Reserve System Ben Bernanke was the former Fed Chairman Alan Greenspan.

Some of the responsibilities of the Federal Banking Agencies, Federal Financial Institutions Examination Council and Supervisory Process include..
Risk-Focused Supervision
Supervisory Rating System
Financial Regulatory Reports
Off-Site Monitoring
Accounting Policy and Disclosure
Umbrella Supervision and Coordination with Other Functional Regulators
Anti-Money-Laundering Program
Business Continuity
Other Supervisory Activities
Enforcement
Supervision of International Operations of U.S. Banking Organizations
Supervision of U.S. Activities of Foreign Banking Organizations
Supervision of Transactions with Affiliates

Regulatory functions of the US Fed Reserve include..
Acquisitions and Mergers
Other Changes in Bank Control
Formation and Activities of Financial Holding Companies
Capital Adequacy Standards
Financial Disclousres by State Member Banks
Securities Credit

A list of Fed Chairmen include..
Charles S. Hamlin (1914 - 1916) -- Chairman of the Board of Directors of the Federal Reserve System
William P. G. Harding (1916 - 1922)
Daniel R. Crissinger (1923 - 1927)
Roy A. Young (1927 - 1930)
Eugene I. Meyer (1930 - 1933)
Eugene R. Black (1933 - 1934)
Marriner S. Eccles (1934 - 1948) - Chairman of the Board of Governors of the Federal Reserve System
Thomas B. McCabe (1948 - 1951)
William McChesney Martin, Jr. (1951 - 1970)
Arthur F. Burns (1970 - 1978)
G. William Miller (1978 - 1979)
Paul A. Volcker (1979 - 1987)
Alan Greenspan (1987 - 2006)
Ben S. Bernanke ( 2006 - present)

Visit the Official Federal Reserve System of the USA website..
http://www.federalreserve.gov/

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