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Who is the Fed owned by?

Updated: 4/30/2024
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Wiki User

14y ago

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The Federal Reserve Board, is 'owned" by the American public. It is an arm of the Federal Government.

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14y ago
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10h ago

The Federal Reserve is not owned by any individual or entity. It is an independent entity that is accountable to the U.S. Congress and operates with the goal of promoting a stable economy through monetary policy.

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