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Updated 06:48 25/09/20

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Who owns the Federal Reserve?

Duncan Richardson, News Editor
17 Nov 2015, 11:34 a.m.

Many believe the Federal Reserve is a United States government organisation, others believe it is owned by the Rothschild’s or even the Queen of England.

Although, the Fed is portrayed as a branch of the government in reality it’s as Federal as Federal express. The actual shareholders are private American Banks who receive a 6% annual dividend directly from the Fed. Which is not bad when savers are lucky to receive a 1% return on their deposits. According, to the Political Research Associates the top shareholders in the New York Fed are as follows:

Chase Manhattan Bank


Morgan Guaranty Trust Company

Fleet Bank

Bankers Trust

Bank of New York

Marine Midland Bank

Summit Bank

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