Who owns the Federal Reserve Bank?
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Studied at the University of Vienna, Lives in Vienna, Austria.
The answer is both. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends.
2023-06-17 06:11:30
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Harper Bell
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The answer is both. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends.