Critics also argue that the Federal Reserve Bank violates the Constitution by being too closely tied to the private sector and lacking transparency and accountability. Some people are opposed to ...

No one owns the Federal Reserve. The Fed was established by the Federal Reserve Act in 1913 to be the country's central bank. It is an independent government agency accountable to Congress and U.S ...

The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at ...