Among the Central Bank’s key responsibilities are the maintenance of price stability, the provision of liquidity and contributing to financial stability. The Financial Regulator’s key responsibilities are prudential regulation focussed on the individual financial institutions and consumer protection.
Purchases of high-quality assets The third major category of assets on the Fed's balance sheet is holdings of high-quality securities, notably Treasury securities, agency debt, and agency-backed MBS. These holdings currently total about $ billion, or about three-eighths of Federal Reserve assets. Of this $ billion, holdings of Treasury securities currently make up about $ billion.