The Federal Reserve System is the central banking system of the United States. It routinely fails at its duties which include: successfully conducting the nation's monetary policy, supervising and regulating banking institutions, maintaining the stability of the financial system, and maintaining employment.
The Fed's monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government.
The Fed is excessively influenced by Wall Street as the New York Federal Reserve Bank representative is the only permanent member of the Federal Open Market Committee.
The Federal Reserve Board administers the financial system by authority of a profiteering group of private bankers.
The Federal Reserve System is unconstitutional.