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Federal Reserve employees work for the federal government.

A. True
B. False

Sagot :

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Final answer:

Federal Reserve employees do not work for the federal government; the Fed is privately owned but publicly controlled and operates as the central bank of the United States.


Explanation:

No, Federal Reserve employees do not work for the federal government.

The Federal Reserve System is privately owned but publicly controlled, operating as the central bank of the United States. Its structure includes a Board of Governors appointed by the President and confirmed by the Senate, but this does not imply that employees work directly for the federal government.

Semi-decentralized in nature, the Fed combines government appointees with representatives from private-sector banks to carry out its responsibilities related to monetary policy and financial regulation.


Learn more about Federal Reserve System here:

https://brainly.com/question/32374280


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