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• Structure_of_the_Federal_Reserve_System abstract "The Federal Reserve System is composed of five parts: The presidentially appointed Board of Governors (or Federal Reserve Board), an independent federal government agency located in Washington, D.C. The Federal Open Market Committee (FOMC), composed of the seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank presidents, which oversees open market operations, the principal tool of U.S. monetary policy. Twelve regional Federal Reserve Banks located in major cities throughout the nation, which divide the nation into twelve Federal Reserve district. The Federal Reserve Banks act as fiscal agents for the U.S. Treasury, and each has its own nine-member board of directors. Numerous other private U.S. member banks, which own required amounts of non-transferable stock in their regional Federal Reserve Banks. Various advisory councils.According to the board of governors of the Federal Reserve, \"It is not 'owned' by anyone and is 'not a private, profit-making institution'. Instead, it is an independent entity within the government, having both public purposes and private aspects.\" The U.S. Government does not own shares in the Federal Reserve System or its component banks, but does receive all of the system's annual profits after a statutory dividend of 6% on their capital investment is paid to member banks and a capital account surplus is maintained. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees.The division of the responsibilities of a central bank into several separate and independent parts, some private and some public, results in a structure that is considered unique among central banks. It is also unusual in that an entity outside of the central bank – the U.S. Department of the Treasury – creates the currency used.".
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• Structure_of_the_Federal_Reserve_System wikiPageWikiLink Mizuho_Securities_USA_Inc..
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• Structure_of_the_Federal_Reserve_System wikiPageWikiLink Revolving_door_(politics).
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• Structure_of_the_Federal_Reserve_System wikiPageWikiLink TD_Securities_(USA)_LLC.
• Structure_of_the_Federal_Reserve_System wikiPageWikiLink The_Royal_Bank_of_Scotland.
• Structure_of_the_Federal_Reserve_System wikiPageWikiLink The_Wall_Street_Journal.
• Structure_of_the_Federal_Reserve_System wikiPageWikiLink Thrift_Institutions_Advisory_Council.
• Structure_of_the_Federal_Reserve_System wikiPageWikiLink UBS.

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