October 30, 2022/
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The Federal Reserve System isn’t “owned” by anybody. The Federal Reserve was created in 1913 by the Federal Reserve Act to function the nation’s central financial institution. The Board of Governors in Washington, D.C., is an company of the federal authorities and stories to and is straight accountable to the Congress. The Federal Reserve derives its authority from the Congress, which created the System in 1913 with…
