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
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...