Federal Reserve Pays a Key Term Paper

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It might seem strange that despite its central role in government affairs, that it is still somewhat privately owned. There are also regional branches, located in 12 states. This allows the Federal Reserve to protect and stimulate regional economies all over the nation. The Federal Reserve was created in a very unique way which sets it apart from the control of Congress and the Senate. When it was established, the creators wanted to make sure that no administration could have too much control, or to use it for their own good. So the bank was established independent of the Federal Government, running itself.

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This keeps greedy hands in the Government from reaching too far into the nation's reserves for their own selfish purposes. Congress has recognized that it is an independent financial institution, and therefore with no interests in arty politics or election years......

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