The Difference Between the Department of Treasury and the Federal Reserve

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What Do the Treasury and Federal Reserve Do?

It can be easy to confuse the Department of the Treasury with the Federal Reserve, and vice versa. They are, however, separate and distinct entities, each with unique roles in managing our economy and financial system. We have Clint Doll here to explain.

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Federal Reserve - monetary supply.
Unites States Treasury - taxes & government spending.
IRS - tax collection.
Is the IRS a department of the US Treasury?

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