The federal reserve is in no way a part of the federal government and never has been since 1913 nor does the federal government own any part of the fed.They are a purely private bank owned by class A stockholders.
Sure it is.
nor does the federal government own any part of the fed.They are a purely private bank owned by class A stockholders.
The "shareholders" received dividends of $1.6 billion in 2012, the US Treasury received $89 billion.