by Kyle Halverson February 25, 2008
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The central bank of the United States of America that was founded by Congress in 1913. It is responsible for supervising all bank and credit organizations in the U.S. (both private and public), enforcing credit law, forming U.S. monetary policy, providing financial services to the U.S. government and foreign banking systems, and most importantly, avoiding inflation and depression by controlling U.S. interest rates.
Alan Greenspan has been the chairman of the Federal Reserve for a long time, changing interest rates on many occasions.
by Nicolai August 12, 2004
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by D-Gr8-1 January 10, 2007
Get the Faderade mug.The collateral duty assigned to whoever the commanding officer is most pissed at. Combinded Federal Campaign = United Way Campaign.
Fuck me to tears...second year in a row the Captain put me in charge of the Combined Federal Campaign.
by harry flashman July 10, 2003
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