Congress, in part because of the fed, doesn’t have the ability to regulate it. This is why Andrew Jackson originally dismantled the second bank of the United States (the irony of him being on the $20 federal reserve note is painful).
The way the fed really works is that those closest to the supply of money get a higher valued dollar. During the pandemic the fed was straight up letting certain entities have the funds first (black rock, for instance). Then they were buying junk bonds and deciding winners and losers
https://www.federalreserve.gov/monetarypolicy/pmccf.htm
Who owns the fed? Where are the audits?
https://m.youtube.com/watch?v=HRduwYgrU7A
I seriously don’t understand why congress doesn’t even bother to audit the FED. The only reasonable explanation is corruption