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The FRB is often described as "private", but it really isn't, certainly not in the way that FedEx is. It:

1. Has the website https://www.federalreserve.gov/ 2. Seems to be considered a federal agency, given that it is subject to FOIA request 3. Was created by the federal government 4. Is run by a Presidentially appointed chairman

...etc....etc...



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