What does the U.S. Treasury get from the Federal Reserve Banks?

a credit card

a bill of attainder

a checking account

franking privileges

As fiscal agent for the U.S. Treasury, which of the following does the Fed not do?

sell, transfer, and redeem government securities

make interest payments on government securities

buy government securities directly from the Treasury

assist the Treasury in other ways with its securities

The Federal Reserve is responsible for the production of U.S. paper money and coin.

True

False

Which of the following is not a function that the Fed performs for the Treasury?

supplying paper money and coin to the public

serving as the government's banker

acting as fiscal agent

nominating a Secretary of the Treasury