Current FAQs
Informing the public about the Federal Reserve
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.What is the difference between a bank’s liquidity and its capital?
Capital and liquidity are distinct but related concepts. Each plays an essential role in understanding a bank's viability and solvency.Does the Federal Reserve ever get audited?
Yes, the Board of Governors, the 12 Federal Reserve Banks, and the Federal Reserve System as a whole are all subject to several levels of audit and review...Other helpful resources
Recent Working Papers
Last update:
September 9, 2016