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The Board of Governors of the Federal Reserve is a independent federal agency with regulatory powers. They even have a federal police force. You are correct it
by snowwrestler 4y ago
The Board of Governors of the Federal Reserve is a independent federal agency with regulatory powers. They even have a federal police force.
You are correct it is completely separated from the Treasury Department and the Department of Commerce.
- throwaway0asd 4y agohttps://www.federalreserve.gov/aboutthefed/bios/board/default.htm https://www.federalreserve.gov/aboutthefed/bios/board/defaul... So, those 7 people are government employees, but the remaining thousands that comprise the entirety of the Federal Reserve system are not.