It's not privately owned.
wouldnt be skimming 6% off the nations debt
The nation's debt is $17 trillion. The Fed earned about $90 billion last year.
And 95% of that profit of $90 billion goes back to the U.S. Federal Treasury.
Oh, you have access to who are the shareholders in the member banks? Since the bank's shares of the FED are determined by 6% of the private bank's assets, how about just the top 6 banks? That would be great if you would released that which even our Congress has been unable to obtain!
The Fed earned about $90 billion last year.
There again, it would be wonderful if you would share these figures whom the Congress of the United States have been seeking through an audit of the FED for years now. An audit that has never been performed since its inception over 100 years ago.
Why NOT, you have to ask?
What do they have to hide?