Ok, the Federal Reserve isn't really a private company.
It's essentially a government run organization that's funded by via private stock.
It's leaders are picked by the government, and outside a very specific stipulated by law dividend,(6%) all the extra money goes straight to the US Department of Treasury and to the Congressional Budget.
Outside of questionable monetary policy moves, most of what the Federal Reserve does works, and it makes the government a profit through it's own merits instead of needing taxation. (+77 Billion last year that went towards briding our budget deficit.)
It's leaders are picked by the president and congress and it's open to congressional oversite.
It's as much a private company as Social Security would be if it became optional.
