31 CFR 356.3 - What is the role of the Federal Reserve Banks in this process?

Regulations last checked for updates: Feb 07, 2026

Title 31 - Money and Finance: Treasury last revised: Jan 02, 2026

View all text of Subpart A [§ 356.0 - § 356.5]

§ 356.3 - What is the role of the Federal Reserve Banks in this process?

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.

authority: 5 U.S.C. 301; 31 U.S.C. 3102,

source: 69 FR 45202, July 28, 2004, unless otherwise noted.

cite as: 31 CFR 356.3