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Business, 27.07.2021 01:00 timothytomas2046

The nature of the Federal Reserve can best be described as follows: A private corporation with no government presence.

The Fed branches and the Board of Governors are private enterprises, but a
federal oversight committee in Congress advises the Fed.

A government agency with no private presence.

The Fed branches are owned by the government, but the Board of Governors are
private citizens.

A blended public-private institution.

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