Is the Fed privately owned or not and which side of your mouth are you talking out of?<quoted text>
YES, Only under the Tort claims act which has to do with negligence done to third parties, In other words if a board member runs over a kid with his car the US Governement can not be sued.
The law is like that, your residence/jurisdiction under voting laws is entirely different than your residence/jurisdiction under taxation laws.
BUT HEY, Can you tell ME WHAT OTHER TOTALLY PRIVATE ORGANIZATIONS HAVE THIS REQUIREMENT
The Board is of Governors of the Federal Reserve is a 7-member panel who is appointed by the President of the United States and confirmed by the Senate (12 USCA §241).
Thus, all the key monetary policy decisions -- the ones that affect interest rates -- are made by a government agency whose members are selected by the President of the United States. The Fed may be privately owned, but it is controlled by the government.
And who tells the POTUS what to do? Or did he take a crash course in world economics since being illegally elected?
Believe In Magik Much ? Huh Eh !