Explain the structure and ownership of the Federal Reserve. What are its roles? How is it managed? How are governors appointed? How can the Fed be the Bank of the US Government and yet be autonomous? Can the Fed be influenced by politics?
Explain the structure and ownership of the Federal Reserve. What are its roles? How is it managed? How are governors appointed? How can the Fed be the Bank of the US Government and yet be autonomous? Can the Fed be influenced by politics?
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The central banking system of the United States of America is called “The Federal Reserve System”.
Structure, Ownership and Management
Federal Reserve is not owned by anyone. It is not a private institution which makes profit. It is an independent entity within the government. It has both public and private roles and responsibilities.
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