2007-08-02 06:50:15 · 4 answers · asked by lalalalalah 1 in Politics & Government ➔ Law & Ethics
barnake although greenspan still sticks his foot in it.
2007-08-02 06:57:48 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The Fed is a roughly independent agency and is not funded by Congress or regulated by the President, but the members of its governing board are appointed by the President and it was created by an act of Congress. It also is required to make certain reports to Congress at certain intervals.
2007-08-02 13:54:55 · answer #2 · answered by James 7 · 0⤊ 0⤋
The chairman of the Fed
The chairman of the Fed
Tries to keep inflation low
The chairman of the Fed
2007-08-02 13:58:30 · answer #3 · answered by TheShankmaster 4 · 0⤊ 0⤋
If you mean the Federal Reserve System...
The decisions are made by a Board of governors, who are appointed federal officials (like most other federal officers).
The money is stored in private banks -- just like most other federal outsourcing.
2007-08-02 13:57:02 · answer #4 · answered by coragryph 7 · 0⤊ 0⤋