The institutions which have an influence over the United States Federal Reserve (the Fed) are:
- United States Senate
- The President
- Federal Reserve Board of Governors.
What is the Federal Reserve?
The Federal Reserve is also referred to as the "Fed" and it was enacted into law by the Federal Reserve Act on the 23rd of December, 1913 by the U.S Congress. Also, it is just like all central banks and as such, it's considered as a United States government agency.
In the Unites States of America, the following institutions have an influence over the United States Federal Reserve (the Fed) are:
- Federal Reserve Board of Governors.
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