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42
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1 min
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Yes, the Fed is run by the Wall Street banks who own most of the shares in the New York Fed. The NY Fed is the only one of the 12 regional banks that gets a vote every year on the FOMC.
Yes, the Fed is run by the Wall Street banks who own most of the shares in the New York Fed. The NY Fed is the only one of the 12 regional banks that gets a vote every year on the FOMC.
RE: The Secret Power Behind the Federal Reserve.