Explanation: Federal Reserve Bank was established by the Congress, meaning it is not owned by the Federal Government or any other government, so this bank is owned by bank members. Over the years, the influence of the bank's role has expanded.
The Board of Governors consists of seven Governors and their mandate lasts 14 years, staggered terms, in order to ensure stability and continuity. The Board finances its operations by assessing the Federal Reserve Banks, rather than through Congressional appropriation.
Hitler's blitzkrieg tactics were effective as the Allies had not prepared for that kind of war and therefore were not able to counter it the first few times.