They’re audited every year.
https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm
We’re simply instructed to go their “website” and believe whatever BS they post there like what are the assets they’re purchasing, how much and when.
You don’t believe their reports?
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Anyone who has done plenty of audits can tell that what they (Fed) post (an audit by KPMG no less) is one of a shell type entity to give the impression of something that does not truly demonstrate who truly owns the said entity plus their internal operations (including their PPT) plus “non-related party(ies) transactions…etc”. If you believe this nonsense they “publish” for public consumption then I also have ocean front property to sell you in….Kansas!
Their audit is just like an audit of IBM. The IBM audit doesn't tell you who owns IBM or describe their internal operations or “non-related party(ies) transactions…etc”.
For the record, the Fed is owned by the US government.
If you believe this nonsense they “publish” for public consumption
It's more believable than your nonsense....low bar, I know.