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Who Manages the Government's Money? |
| edHelper's suggested reading level: | grades 4 to 6 | |
| Flesch-Kincaid grade level: | 4.82 |
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Who Manages the Government's Money?
By Erin Horner |
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1 It takes a lot of money to run a family. There things to buy and bills to pay. It takes even more money to run a country. Who manages the government's money? Believe it or not, it's not the president. The government's money is managed by the Federal Reserve System, or the Fed. It is the government's bank. The Fed's main headquarters is in Washington, D.C. It has twelve regional banks located elsewhere in the country as well. The Fed has many ..... |
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