Ask FactCheck: Week ending Apr. 4

April 4, 2008 3:37:12 PM PDT
FactCheck.org answers your questions about U.S. politics.

Apr. 4, 2008

Q: Who owns the Federal Reserve Bank?
A: There are actually 12 different Federal Reserve Banks around the country, and they are owned by big private banks. But the banks don't necessarily run the show. Nationally, the Federal Reserve System is led by a Board of Governors whose seven members are appointed by the president and confirmed by the Senate.

Q: What is public financing?
A: It's the system under which candidates can use U.S. Treasury dollars to fund their campaigns. But only if they agree to play by a complicated set of rules.

Q: What is triangulation?
A: In simple terms, it's Democrats advocating some Republican positions or Republicans advocating some Democratic positions.

Q: Is the U.S. Congress considering a bill to outlaw homeschooling in the U.S.?
A: No.

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