Which is interesting because the Fed is not a part of the government.
The Federal Reserve was created by the Federal Reserve Act in 1913, all branch banks have .gov websites, and the Board of Governors are appointed by the President and confirmed by the Senate.
But sure, the Federal Reserve is totally a private bank and not part of the government.
The Federal Reserve was created by the Federal Reserve Act in 1913, all branch banks have .gov websites, and the Board of Governors are appointed by the President and confirmed by the Senate.
But sure, the Federal Reserve is totally a private bank and not part of the government.
Who owns it?
Janet Yellen.