Is The Federal Reserve Bank Part Of The Government

hii sir, vi wants to know that is Federal Reserve bank is the part of US Government or not ? please tell me about this in detail ?

[Raman Vij]

Yes and no. because The Federal Reserve (the Fed) enjoys a unique public/private structure that operates within the government, but is still relatively independent of government to isolate the Fed from day-to-day political pressures in fulfilling its varying roles


Structure that owned by the USA Government :
The Board of Governors—Located in Washington, D.C., Board members are appointed by the U.S. President and confirmed by the U.S. Senate. Board members and staff are civil service employees.

The 12 regional Reserve Banks—Located around the country, the 12 Federal Reserve Banks are chartered as private corporations. Employees are not civil service
.
The Federal Open Market Committee (FOMC)—Composed of the Federal Reserve Governors and the Federal Reserve Bank presidents, the FOMC is charged with conducting monetary policy.

As An private institurtion it may work as :
Fed generally works independently of the federal government to administer its core responsibilities.

Those duties include:
Conducting monetary policy
Supervising and regulating banking and financial institutions
Providing payments services to financial institutions


so as conclusion we cam say that it is a public /private funded bank