The Federal Reserve

The central banking system of the United States. The claims describe it as the U.S. central bank that, while nominally acting as a regulator of the banking system, is itself structurally owned and controlled by private member banks, and which also wields outsized influence over the economics profession as a major funder and employer.

Claims that use this term

• The Federal Reserve acted subservient to banks while posing as a regulator
• The Federal Reserve is structurally owned and controlled by private member banks
• The Federal Reserve dominates economics as a funder and employer