Who owns and operates Fedwire Services?

• A. The Treasury Department
• B. The Federal Reserve
• C. The Federal Bureau of Investigation
• D. The Central Bank of the United States

Answer: (B)

Fedwire Services is owned and operated by the Federal Reserve System. The Federal Reserve Banks run the network, handling large-value transfers in real time and settling them in central bank money. This reflects the Fed’s role as the nation’s central bank and the primary provider of core payments infrastructure. The Treasury manages government cash and payments but does not own or run Fedwire. The FBI is a law enforcement agency, not a payments operator, and there isn’t a separate entity called the Central Bank of the United States. So, the Federal Reserve is the owner and operator.