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Which of the following is an example of the special role the Federal Reserve Bank of New York plays within the Federal Reserve System? Select

Which of the following is an example of the special role the Federal Reserve Bank of New York plays within the Federal Reserve System? Select one: a. It supervises and examines the largest insurance companies in the US. b. The New York Fed president is also a member of the Board of Governors. c. The New York Fed does not belong to the Bank for International Settlements. d. The New York Fed conducts open market operations and foreign exchange transactions for the Fed and Treasury

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