The chancellor defines the country's political strategies. While the Federal Republic of Germany also has a president who serves as head of the state, this role more nearly resembles that of a dignitary, with little political power. However, the president does maintain power to veto legislative bills...
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The constitution,also referred to as the Basic Law, divides the powers of the judiciary, legislative and executive branches. There are numerous political parties and alliances in German politics. The two major parties include the CDU (Christian Democratic Union), and the SPD (Social Democratic Party)...
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federal reserve The System is independent of other branches and agencies of government and it is also self-financed. No one "owns" the Federal Reserve, however, Congress tends to watch over the system and occasionally looks over it activities and can modify its responsibilities...	4 / 1022
The Federal Reserve Board The Board of Governors directs the operation on the Fed. It supervises the twelve Federal Reserve district banks and regulated certain activities of member banks and all other depository institutions...	1 / 229
Federal Reserve Treasury. The Federal Reserve's accountability is to Congress. Legislation requires that the Fed report annually on its activities to the Speaker of the House of Representatives and twice annually on its plans for monetary policy to the banking committees of Congress...	2 / 288
Federal Reserve The responsibility of regulating and supervising members of the Federal Reserve System and their activities are shared between the Board of Governors and the twelve main Federal Reserve Banks This group sees that consumers get adequate information and are treated fairly when doing business in the banking industry...	6 / 1539