First, the Fed is part of the US government.
Second, how does a bank that can print money, for free, ever go bankrupt?
The Federal Reserve is a private bank that creates currency out of thin air and !oans that currency to the US govt at interest. How do you think we amassed $23 trillion in debt? Govt spending did not get us to $23 trillion. The express purpose of the Federal Reserve is to transfer wealth to the financial elites on wallstreet.
President Trump is in the process of getting rid of the Federal Reserve and at present is effecting a massive wealth transfer of money back to American citizens. This current $2 trillion stimulus unlike TARP is not bailing out banks. Its going to individuals and businesses. Look for another $2 trillion coming shortly behind the first. Much of it to rebuild infrastructure.
The Fed is on life support and Trump is letting them bleed out issuing currency at zero percent interest. Sit back, relax spend your stimulus check and enjoy the show.