It is not owned by the United States Govermen.
2006-08-06 09:09:38 · 3 answers · asked by Anonymous in Politics & Government ➔ Government
Forgive me for sending you to another link, but the information you need is at either link below. If you want the short story, the first link (for kids) is good. Don't feel insulted, it gives you the basics. If you want more details, read the information on the second link below. The individual Federal Reserve Banks also have tons of free information on their websites, as well.
2006-08-06 09:21:50 · answer #1 · answered by Gigi 3 · 1⤊ 0⤋
No, the Federal Reserve Bank is not owned by the U.S. government. It is a quasi-government organization. It was created by the U.S. Congress. The FED, as it is known, must follow the rules and regulations created by the Congress. The FED has an excellent web site and many educational publications on www.federalreserve.gov/
Opps! They DO have a .gov web site :)
2006-08-06 16:25:42 · answer #2 · answered by Lantern 3 · 0⤊ 0⤋
No, it's not- my boyfriend rants about it all the time. Isn't it owned by a British man who is also in control of the bank of England?
Maybe it's a private corporation... I guess I should probably start listening to him more closely.
2006-08-06 16:15:23 · answer #3 · answered by Not Allie 6 · 0⤊ 0⤋