[phpisthebest]

you may have an analogy if your "Any private group charter" was established by an act of Congress, where by the Appointment of the leader was required by law to be done by the president, with the advice and consent of congress

Show me "Any private group charter" that was established by such an act of congress and i will agree with you.

[landemva]

Yes, Congress passed a bill 110 years ago to give a private group broad authorities. The third central bank of the USA.