The policies of the 12 federal reserve banks are coordinated by the Fed's Board of Governors.
The Fed's Board of Governors is the Federal Reserve System which implements the monetary decisions and goals of the United States. It is considered to be the chief body that governs the Federal Reserve System.
The members of this Federal Reserve System are chosen by the President of the United States and assigned by the Senate. A team of seven members is chosen, and they can keep their position for a period of 14 years.
The Federal Board of Governors is present in Washington DC and acts as a centralized bank with the decisions of all the Federal Boards of Governors.
To learn more about the Fed's Board of Governors,
https://brainly.com/question/1984442
#SPJ4
