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Questions tagged [12 banks]

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KimonoElegant KimonoElegant Fri Sep 06 2024 | 5 answers 1072

Who owns the 12 Federal Reserve banks?

Can you clarify for me who exactly owns the 12 Federal Reserve banks? Are they owned by the government, private individuals, or some combination of both? I'm interested in understanding the ownership structure and how it impacts the decisions made by the Federal Reserve. Additionally, are there any regulations in place that govern the ownership of these banks and ensure they operate in the best interests of the American people?

Who owns the 12 Federal Reserve banks?

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