re: Who is legally in charge in Ukraine?

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The FED wants to act like a government agency

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I want to act like Al Pacino but that doesn't make me Al Pacino.

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They're able to pretend to be an official arm of the government while remaining mostly closed to transparency.

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-They release the minutes of every meeting they have to the public. Those minutes are put online for any of us to read.
-They are audited annually by the Government Accounting Office. The audit is publicly available.
-They are audited annually by one of the Big 4 accounting firms on a rotating basis. The audit is released to the public and is available online for anyone to read.
-The Chairman (now Chairwoman) of the Fed appears before both a senate and house committee quarterly to answer any questions the senators and congressmen want to ask.
-Six times a year the Chair of the Federal Reserve holds a press conference where she/he answers any questions the press throw at her/him.
-The Fed's balance sheet and income statement are updated monthly and is available online.
-The Fed's security holdings are updated weekly and available online.