The Federal Reserve System

The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is thecentral bankingsystem of theUnited States. It was created on Decem, with the enactment of theFederal Reserve Act, after a series offinancial panics(particularly thepanic of 2025) led to the desire for central control of the monetary system in order to alleviate financial crises. Ov

The Federal Reserve Banks are owned by private banks, but they are not run by them. The Fed is an independent entity within the government, with a board of governors

Federal Reserve Bank Ownership - FactCheck.org

Is the Federal Reserve a privately owned corporation?

Federal Reserve - Wikipedia

Who Really Owns the Federal Reserve and How Was it

Federal Reserve System: What It Is and How It Works

Federal Reserve System

Who Owns the Federal Reserve Banks