As used in this subchapter:

(1) Secretary

Terms Used In 22 USC 5306

  • Board: means the Board of Governors of the Federal Reserve System. See 22 USC 5306
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Secretary: means the Secretary of the Treasury. See 22 USC 5306

The term “Secretary” means the Secretary of the Treasury.

(2) Board

The term “Board” means the Board of Governors of the Federal Reserve System.