Board-Ansicht
Mix-Ansicht- FED - Chirurg, 21.02.2000, 17:43
- Re: FED - Chirurg, 21.02.2000, 18:49
- Test - Eferis eferis, 23.08.2000, 04:49
- Sorry habe ich eigentlich ins Archiv geschrieben..... - eferis, 23.08.2000, 04:51
Re: FED
Therefore, they gave the Fed a number of contrasting
elements:
It is a central bank, but it is decentralized with a system of regional
Reserve Banks responsive to local needs.
It is a public institution with a public purpose, but it has some
private features—directors,"stockholders," and selling services.
It is governmental, but it is independent within government. On the
one hand, it was created by and reports to Congress; its highest officials,
the members of the Board of Governors, are appointed by the President
and confirmed by the Senate; and its earnings and assets ultimately are
returned to the U.S. Treasury. On the other hand, the Fed operates on its
own earnings rather than Congressional appropriation; the Board of
Governors terms are long and staggered, limiting the President's
influence; and unlike other nations central banks, it is separate from the
Treasury.
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