31 C.F.R. § 356.3 What is the role of the Federal Reserve Banks in this process?
Title 31 - Money and Finance: Treasury
The Treasury Department authorizes Federal Reserve Banks, as fiscal agents of the United States, to perform all activities necessary to carry out the provisions of this part, any auction announcements, and applicable regulations.
Title 31: Money and Finance: Treasury
PART 356—SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, PUBLIC DEBT SERIES NO. 1–93)
Subpart A—General Information
§ 356.3 What is the role of the Federal Reserve Banks in this process?