TYT: New York Daily News hatchet job

[ConsiderThis_2016]

6. The Tabloid reporter is ignorant either way you look at it...

...the Fed is rightly classified as an independent central bank. Neither the executive branch nor the legislature gets a direct say in its decision-making, and it pays for its own operations (primarily by acquiring U.S. government securities on the open market). In short, the Fed is an independent entity within the government.

The President can't tell the "FED" what to do... The Treasury yes, but not the "FED". The "FED" is a quasi Private / Government institution adopted in 1913. We can't tell them to break up the banks, but through legislation such as Dodd/Frank we have authority to address banking issues. Just as Bernie was among a few politicians who worked feverishly to get a legislation passed... just to audit the "FED", because of their privacy rights.