The seven families behind the Federal Reserve

The seven families behind the Federal Reserve are Adams, Kennedy, Harrison, Roosevelt, Morgan, Rockefeller and Rothschild.

The controllers behind the Fed are completely privatized banks and individuals, so we can't say which family the Fed belongs to. Because there are many individual holders, the seven families behind it are mainly Adams family, Kennedy family, Harrison family, Roosevelt family, Morgan family, Rockefeller family and Rothschild family.

Privatized banks that control the Federal Reserve include Citibank, First National Bank, Bank of JPMorgan Chase, Chase Manhattan Bank, Morgan Trust, National Commercial Bank of new york, Hanwha Bank, Banker Trust Company, etc.

The seven family chaebols all occupy a certain position in the Federal Reserve. There are cooperation and interest disputes among various family chaebols in different periods, and their respective influences are different at different stages. In the early days, the Adams family and the Kennedy family had more right to speak, followed by Rockefeller and JPMorgan Chase. In this process, the seven families also experienced an iterative process of bringing forth the new, which was not completely unchanged.

The personnel system of the Federal Reserve

The highest decision-making body of the Federal Reserve's monetary policy includes seven board members and 65,438+02 Federal Reserve bank governors. The most important monetary policy of the Fed is called open market operation, and the Fed's open market meeting (or interest rate meeting) is held every day to formulate this policy.

The open market policy is jointly formulated by the Federal Reserve Committee in Washington and the Federal Reserve banks in various regions. The 12 Federal Reserve Bank is a relatively independent institution. For example, the chairman of the Federal Reserve Bank can be a member of the Open Market Committee. During his tenure, the chairman of the Federal Reserve Bank has the same voting rights as the chairman of the Federal Reserve and other members of the Federal Reserve.

Reference to the above content: Baidu Encyclopedia-US Federal Reserve System