Federal Reserve Launches Twitter Account

 By 
Todd Wasserman
 on 
Federal Reserve Launches Twitter Account
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The institution, which sets interest rates and controls the amount of money the U.S. prints, launched its Twitter account Tuesday, @federalreserve.

The feed, which is now up to about 7,500 followers, is the brainchild of Fed chairman Ben Bernanke (pictured), who is seeking new ways to reach out to the public. The feed will include press releases, speeches, its weekly balance sheet and testimony and reports to Congress. Also on tap: “educational frequently asked questions,” according to a press release.

Though Twitter is still relatively new, many federal offices have Twitter feeds, including The White House, which now has 2.7 million followers. NASA also has 1.9 million followers. According to a report by ExpertLabs last year, the U.S. Mint, the Homeland Security Department, the U.S. Marine Corps and the National Park Foundation had the most responsive Twitter accounts.

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