question archive The Federal Reserve Open Market Committee includes the seven members of the Board of Governors, presidents of five of the twelve district banks, and the Secretary of the Treasury
The Federal Reserve Open Market Committee includes the seven members of the Board of Governors, presidents of five of the twelve district banks, and the Secretary of the Treasury
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The Federal Reserve Open Market Committee includes the seven members of the Board of Governors, presidents of five of the twelve district banks, and the Secretary of the Treasury. True or false?
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The Federal Open Market Committee is a twelve-member committee and consists of all seven members of the Board of Governors and five Presidents of the twelve district banks. US Treasury is not in any way member of all committees of the Fed.
In this case, the answer is False.
