The Federal Reserve is owned by its shareholders, the member banks. It operates as a for-profit entity, and any direct profits are paid to the Treasury, while the indirect profits it makes for its member owners by implementation of its unchecked and uncontrolled policies are retained by those banks.
It's only "government" facade is the Presidentially-appointed board of governors who, in practice, are all former member bank executives whose pensions, stock holdings, and promises of future positions in government motivate them to act in the best interest of those banks to the exclusion of all other considerations.
it is an independent entity within the government, having both public purposes and private aspects.
Your cited source is tainted and subjective, being the description of the Fed, by the Fed.
Weasel words which contradict the reality of the situation.
It's like citing the DNC website for an honest description of what the Democrat Party is:
For more than 200 years, Democrats have fought for the interests of working families and equal opportunities for all Americans. We believe in an America where we don’t just look out for ourselves. We’re proud of our individualism, but we also know that we rise and fall as one nation. Throughout history, Democrats have worked from the ground up to bring about the change that matters
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.