Federal Reserve Board (FRB), also known as Board of Governors and Federal Reserve Board of Governors
A federal government agency that:
• Supervises and regulates the Federal Reserve Banks.
• Is responsible for the US's payment system.
• Administers most of the US laws regarding consumer credit protection.
• Supervises banking institutions and banking activities including State chartered banks that have elected to join the Federal Reserve System, bank holding companies (bank holding company), foreign activities of member banks and US activities of foreign banks.
The FRB is composed of seven members who are appointed by the President and confirmed by the US Senate.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Federal Reserve Board

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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Look at other dictionaries:

  • FRB — FRB, the an abbreviation of the Federal Reserve Bank …   Dictionary of contemporary English

  • FRB — ( Federal Reserve Board) The seven member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions. Bloomberg Financial Dictionary * * *… …   Financial and business terms

  • FRB — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. FRB peut signifier Fondation pour la recherche pour la biodiversité Ligue suisse romande de baseball Références Catégorie : Homonymie …   Wikipédia en Français

  • FRB — Federal Reserve Board (Anglais. En franc. = Conseil Fédéral de Réserve). Banque centrale des États Unis. Créée par le Federal Reserve Act de 1913. Familièrement appelée Fed. À sa tête, le Président du FRB (depuis 1987, Alan Greenspan). Deux… …   Sigles et Acronymes francais

  • FRB — 1. Federal Reserve Bank. 2. Federal Reserve Board. Also, F.R.B. * * * FRB (no periods) or F.R.B., Federal Reserve Board. * * * abbr. ■ Federal Reserve Bank ■ Federal Reserve Board …   Useful english dictionary

  • FRB (disambiguation) — FRB may mean:* Federal Reserve Bank of the United States of America * Fractional reserve banking * Front Running Bastard as used by Hash House Harriers * Flatredball * Federal Reserve Bank of China * Free Radio Berkeley * IATA code for Forbes… …   Wikipedia

  • FRB-Yuan — Käsch Schnüre, Qing Dynastie Der Gebrauch von Geld ist in China seit der Jungsteinzeit nachgewiesen. Seither fand eine Vielzahl unterschiedlicher Währungen Verwendung. Inhaltsverzeichnis 1 Frühzeit 2 …   Deutsch Wikipedia

  • FRB — abbreviation Federal Reserve Board …   New Collegiate Dictionary

  • FRB — 1. Federal Reserve Bank. 2. Federal Reserve Board. Also, F.R.B. * * * …   Universalium

  • FRB — Federal Reserve Board (Business » General) Federal Reserve Bank (Governmental » US Government) Federal Reserve Board (Governmental » US Government) **** Federal Reserve Bank (Business » Accounting) * Financial Relations Board (Business » Firms) * …   Abbreviations dictionary

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