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Re: lucmariepierre post# 90834

Wednesday, 09/02/2020 11:37:41 AM

Wednesday, September 02, 2020 11:37:41 AM

Post# of 111148
The twelve district Federal Reserve Banks are owned by their member banks within those districts. Banks buy shares in the FRBs in proportion to their size. No individuals or wealthy families directly own stock in the FRBs, though some may indirectly, through ownership of stock in member banks.
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