Re:The U.S. Yield Curve Has Inverted
by mandelbrotwurst on Monday December 03, 2018 @11:33PM
(#18596291)
I know they're considered "independent", that said they're still a central authority created by Congress to control the money supply whose members are presidentially appointed, with a .gov domain name to boot.
[ Parent
| on HN ]
Fed Board of Governors are appointed and a part of the government. The actual Fed banks themselves are owned by commercial banks.
Re:The U.S. Yield Curve Has Inverted
by godzilla82 on Tuesday December 04, 2018 @07:52AM
(#18598926)
But do they report to the government?