Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Section 10B of the Federal Reserve Act | Statement: [Term Auction Facility, legalAuthority, Section 10B of the Federal Reserve Act]

Target entity: Section 10B of the Federal Reserve Act
Context triple: [Term Auction Facility, legalAuthority, Section 10B of the Federal Reserve Act]

• A. Section 13(3) of the Federal Reserve Act
  Section 13(3) of the Federal Reserve Act is a U.S. law provision that authorizes the Federal Reserve to extend emergency lending to nonbank institutions and markets under “unusual and exigent” circumstances.
• B. Federal Reserve Reform Act of 1977
  The Federal Reserve Reform Act of 1977 was a U.S. law that strengthened congressional oversight of the Federal Reserve and clarified its monetary policy objectives, including promoting maximum employment and price stability.
• C. Federal Reserve Act of 1913
  The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
• D. Federal Home Loan Bank Act
  The Federal Home Loan Bank Act is a 1932 U.S. law that created a system of regional Federal Home Loan Banks to stabilize the mortgage market and support home financing during the Great Depression.
• E. Banking Act of 1935
  The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Section 10B of the Federal Reserve Act
Target entity description: Section 10B of the Federal Reserve Act is the statutory provision that authorizes the Federal Reserve to extend secured credit to depository institutions, including through emergency lending programs.

• A. Section 13(3) of the Federal Reserve Act chosen
  Section 13(3) of the Federal Reserve Act is a U.S. law provision that authorizes the Federal Reserve to extend emergency lending to nonbank institutions and markets under “unusual and exigent” circumstances.
• B. Federal Reserve Reform Act of 1977
  The Federal Reserve Reform Act of 1977 was a U.S. law that strengthened congressional oversight of the Federal Reserve and clarified its monetary policy objectives, including promoting maximum employment and price stability.
• C. Federal Reserve Act of 1913
  The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
• D. Federal Home Loan Bank Act
  The Federal Home Loan Bank Act is a 1932 U.S. law that created a system of regional Federal Home Loan Banks to stabilize the mortgage market and support home financing during the Great Depression.
• E. Banking Act of 1935
  The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
• F. None of above.