The US Federal Reserve is a PRIVATE bank with no legal ties to the US government. It was established in 1913 by a group of bankers, among them JP Morgan, De Rothschild, Rockefellers and other bankers/major corporation owners who wanted to control the money supply in the US.
They print the money, creating it out of thin air, hand it to the Government then charge 15% interest. Nice little earner!
Read "The Creature from Jekyll Island" by G.Edward Griffin, that will open your eyes, and mind hopefully.