Question

Which organization in the Federal Reserve System has 12 members and

enforces the Federal Reserve's monetary policy?
O A. The Federal Reserve Treasuries Organization
B. The Federal Reserve Board of Governors
C. The Federal Reserve banks
D. The Federal Open Market Committee

Answer 1

I would say C. The Federal Reserve banks

Step-by-step explanation:

The Federal Reserve Act of 1913 gave the Federal Reserve responsibility for setting monetary policy. The Federal Open Market Committee (FOMC), the 12-member group, that formulates monetary policy for the Federal Reserve System, meets in Washington, D.C., usually eight times a year.

The Board of Governors of the Federal Reserve System provides oversight to the 12 Reserve Banks and their branches. The Federal Open Market Committee (FOMC), the Fed's monetary policymaking body, is made up of the members of the Board of Governors and presidents of the Reserve Banks.