You may find it odd that I am writing about the Federal Reserve but then again maybe not.   You see I receive many emails each and every day with questions about a wide variety of business topic.  And today the topic…

The Federal Reserve

First of all the history of the Federal Reserve is really interesting, as a matter of fact reading the history alone gave me a better understanding of what they do!  According to Wikipedia the federal reserves primary function was to prevent Bank Panic!  What do you think?  Are they doing a good job?

There is also a educational site in regards to the Federal Reserve with Free resources such as brochures, newsletters and more.  You can watch the video “The Federal Reserve Today.”

I think the most valuable information that I came across today was the Federal Reserve Consumer Help Site.  As a consumer you can file a complaint against a bank  for the following reasons:

• unfair or misleading
• discriminated against you in lending
• violated a law

They also  investigate complaints related to federal consumer protection laws. Such as:

• The Equal Credit Opportunity Act
• Fair Credit Reporting Act
• The Truth in Lending Act

Hope you find this information interesting and useful!