Regulation B Federal Reserve Federalreserve Form

Instructions and help about Regulation B Federal Reserve Federalreserve

[ Music ] >> Hi I'm Sebastian- >> and I'm Helena. We work for the Federal Reserve, the central bank of the United States. One of the 5 key functions of the Federal Reserve is to supervise and regulate banks and other financial institutions to ensure they operate safely. While we all rely on these institutions for traditional services like savings and checking accounts, credit cards and loans, they also play an important and increasingly complex role in the broader economy. That's why the Fed along with other regulatory agencies has the responsibility to supervise and regulate these entities which include very small community banks all the way up to some of the largest and most recognized financial institutions in the nation and the world. >> The operations, activities, and characteristics of financial institutions have evolved and expanded tremendously over the years and so has the Fed's approach to making sure they operate safely. The Fed monitors this changing banking landscape thro