Ask Beth: What is the Consumer Protection and Community Development function of the Federal Reserve?
Main theme
The Federal Reserve works to promote community development and consumer protection by engaging with businesses and community and non-profit partners in support of an economy that works for everyone.
Video summary
Cleveland Fed president, Beth Hammack, describes how the Federal Reserve carries out one of its five main functions, consumer protection and community development. This video is from her series titled “Ask Beth.”
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About Us
The Federal Reserve Bank of Cleveland (commonly known as the Cleveland Fed) is part of the Federal Reserve System, the central bank of the United States.