Gary Anderson
VIP Member
- Aug 29, 2014
- 339
- 22
- Thread starter
- #101
She is paid out of the interest earned by the Fed. It is a private bank. Most of the money the Fed earns in interest is returned to the treasury but not all of it and not always. The Fed banks are owned by the banks in their sections. So the most powerful Fed is the NY Fed, being owned by the most powerful banks.And Todd, Yellen is paid by interest earned, not by the Federal Government.
So?