Hacker News new | ask | show | jobs
by groundzeros2015 141 days ago
Which branch of government is the fed under?
1 comments

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.