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The same way you can get a FOIA request from the United States Post Office which ceased to be a government agency in 1970 and became the United States Postal Service. If the USPS is a gov't agency then why does it sponsor Lance Armstrong? Amtrak (Gov't agency) holds corporation status and both of these turn profit.
| quote: | Originally posted by The Freedom of Information Act 5 U.S.C. § 552
(f) For purposes of this section, the term--
(1) "agency" as defined in section 551(1) of this title includes any executive department, military department, Government corporation, Government controlled corporation, or other establishment in the executive branch of the Government (including the Executive Office of the President), or any independent regulatory agency; and... |
So if it both consider themselves government agencies why do they do business as corporations? Why does the Fed as an office of the United States say that it collects from Federal Reserve banks and the United States?
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The reason why any of the fed banks accept receipts and what not from the United States is because the Federal Reserve is a distinct and seperate entity from the Treasury Department. The Treasury Department ultimately is under the Executive Branch. While the treasury department can issue debt to private markets to raise money for federal spending, the federal reserve can engage in open market operations by buying or selling US treasuries in an effort to influence the economy in either direction. The whole purpose of creating this division between the Fed and the Treasury Department is so the President can't unduly influence the Fed to say, keep interest rates low during a President's entire term while being negligent of inflation. Anyway here's a basic history:
