A) follows the actions and operations of financial markets to keep them open and competitive.
B) sets policy on the sale and purchase of government bonds by the Fed.
C) monitors regulatory banking laws for member banks.
D) provides advice on banking stability to the Fed.
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Home » Business » The Federal Open Market Committee (FOMC). A) follows the actions and operations of financial markets to keep them open and competitive. B) sets policy on the sale and purchase of government bonds by the Fed.