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by no_wizard 141 days ago
If Trump v. Cook is a loss for Trump, they won't be in fear of losing independence, as I understand it.
1 comments

Which branch of government is the fed under?
None. As per the Federal Reserve Act it is an independent agency not under any branch of government.

Trump is trying to change that through judicial means, rather than purusing a legislative one. Dubious at best, but the Supreme Court as of late has not been reliable in upholding important precedent.