livzsmartinez livzsmartinez
  • 10-05-2022
  • Mathematics
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Who is the owner of the Federal Reserve?

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tshepisodaniel45
tshepisodaniel45 tshepisodaniel45
  • 10-05-2022

Answer:

The Federal Reserve System is not owned by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress

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