The group that sets the Federal Reserve System's policy on buying and selling government securities (bills, notes, and bonds) is the
a. Fedral Open Market Committe (FPMC).
b. Fedral Deposit Insurance Corporation (FDIC).
c. Fedral Bond Sale Authrity.
d. Council of Economic Advisers.
the federal open marcket committe (FPMC) is charged with the responsibility of overseeing the buying and selling of the federal treasury securities i.e the open market operation.