RE: Fed chair signals faster US Tapering1 Dec 2021 13:18
Hardup
The BoE is owned by the government the Federal reserve is a group of 12 regional federal reserves, Banks within the Feds must buy stock in the regional fed, banks, they make money trading us bonds and money etc and get a dividend of 6%.
The Congress has over sight on the Fed, the US Treasury is the US governments entity.