What gives a dollar bill its value? - Doug Levinson
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Based in Washington, D.C., the Fed is the bank of the U.S. government and regulates the nation's financial institutions. It's comprised of a network of 12 Federal Reserve Banks and a number of branches. This is all overseen by the Fed's Board of Governors. See more here.
Who owns the Federal Reserve? How is the Federal Reserve System structured? What are the responsibilities/functions of the Federal Reserve System? Does the Federal Reserve operate using tax dollars? Does the Federal Reserve pay taxes? Who audits the Federal Reserve and how often? Want to know the answers to all of these questions?
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