Their website also offers this:
https://www.federalreserve.gov/faqs/about_12784.htm
It’s tricky because created by Congress and appointed by the President, but also has private (secret!) ownership.
It’s owned by the big banks, a few shareholders mostly foreigners too
The Fed is often called the Creature from Jekyll Island. That’s where the scheme was hatched, interestingly enough in the elite Jekyll Island Club. The island was once a secluded winter enclave for the wealthiest people in the country. So the Fed ties to wealth were there from the very start.
You can still see the room in the old hotel where the Fed was formed.
Ron has always believed if you Audit the fed American’s will wake up and be so disgusted with it they would end it.
Perhaps optimistic but it’s like a foot in the door or a means to an end.
The ultimate goal is to change the system if it’s possible.