<P> Although an instrument of the U.S. Government , the Federal Reserve System considers itself `` an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government , it does not receive funding appropriated by the Congress , and the terms of the members of the Board of Governors span multiple presidential and congressional terms . '' The federal government sets the salaries of the board 's seven governors . The federal government receives all the system 's annual profits , after a statutory dividend of 6 % on member banks ' capital investment is paid , and an account surplus is maintained . In 2015 , the Federal Reserve made a profit of $100.2 billion and transferred $97.7 billion to the U.S. Treasury . </P>
<P> Although an instrument of the U.S. Government , the Federal Reserve System considers itself `` an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government , it does not receive funding appropriated by the Congress , and the terms of the members of the Board of Governors span multiple presidential and congressional terms . '' The federal government sets the salaries of the board 's seven governors . The federal government receives all the system 's annual profits , after a statutory dividend of 6 % on member banks ' capital investment is paid , and an account surplus is maintained . In 2015 , the Federal Reserve made a profit of $100.2 billion and transferred $97.7 billion to the U.S. Treasury . </P>
who owns the federal reserve of the united states
who owns the federal reserve of the united states
an instrument of the U.S. Government
an instrument of the U.S. Government