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    Is the Federal Reserve a branch of the U.S. government?

    Question #65751. Asked by myjoey. (May 15 06 4:11 PM)


    Br.John

    		The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.
    [about 4th paragraph down]

    http://72.14.207.104/search?q=cache:QVC_KXY-2NQJ:www.federalreserve.gov/generalinfo/faq/faqfrs.htm+federal+reserve+is+a+private+institution&hl=en&gl=us&ct=clnk&cd=3

    May 15 06, 4:33 PM

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