Remember the Federal reserve is a business, not a federal agency, just like Costco or Kroger or Burger King. They are not part of our government.
Update: TBH, I have not looked up how/who they report to or work with in the Fed, so they may well be contracted to The Treasury, but they are not part of it. Hope this helps!
And isn't the federal reserve already under the Treasury Department, or am I mistaken?
You are correct, you are mistaken.
Remember the Federal reserve is a business, not a federal agency, just like Costco or Kroger or Burger King. They are not part of our government.
Update: TBH, I have not looked up how/who they report to or work with in the Fed, so they may well be contracted to The Treasury, but they are not part of it. Hope this helps!
Yes, it did. Thanks.