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Board of Governors of the Federal Reserve System sealBeginnings and beyond: resources and information for employees of the Board of Governors of the Federal Reserve Systemcollage of compass, pen point, and front of Board's main building
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The Responsibilities of the Federal Reserve System
The Structure of the Federal Reserve Board
    A Quick Tour
of the Federal Reserve Board

The Structure
of the Federal Reserve System

The Federal Reserve System has three key components. The Board of Governors, Reserve Banks, and the Federal Open Market Committee (FOMC). (For more information see The Structure of the Federal Reserve System.)