Federal Reserve Act

=Federal Reserve Act=

June 12, 2019

a) Establishes the Federal Reserve as a government body in We The People, responsible for dictating U.S. monetary policy and for overseeing banking institutions

b) The Federal Reserve shall be composed of 4 members, one Chairperson and three Governors appointed by the President and confirmed by the Senate

c) The Federal Reserve shall have autonomy over its operations, subject to the United States Constitution