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Are the 'Feds' that negotiate the interest rates a government entity?

asked by infogirl - 8 months ago

 
 

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answered by Jane Webb - 7 months 3 weeks ago
Rated as OPINION  |  Add Comment
 

The Federal Reserve is made up of 12 regional federal Reserve banks who act as fiscal agents for the US Tresury. I believer the only government involvement is the Board of Bovernors for the Fed Reserve is selected by the president. So, to answer, no, it is not a government entity, but the government has some involvement.

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