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The Fed is composed of a central governing agency, the Board of Governors, and 12 regional Federal Reserve Banks. 9 selectmen, the Board of Governors,

The Fed is composed of a central governing agency, the Board of Governors, and 12 regional Federal Reserve Banks. 9 selectmen, the Board of Governors, and 14 regional Federal Reserve Banks. 9 selectmen, 5 appointed judges, and 12 regional Federal Reserve Banks. a central governing agency, 5 appointed judges, and 12 regional Federal Reserve Banks

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