FIN 100 – Week 4 – Assignment 1 – Complexities of the U.S. Financial SystemThe U.S. financial system has many complexities and it is impacted by several environmental factors, including federal regulations and the economy.Write a two to three pages paper in which you:1. Describe how the U.S. financial markets impact the economy, businesses, and individuals.2.Explain the role of the U.S. Federal Reserve, the Federal Reserve Chairman, and Board, indicating its effectiveness in todayâs economic environment. Provide support for rationale