Joe,
The Federal Reserve was created by law...

well yes and no. It was created while Congress was not in session like an absentee appointment.

Morgan, Rockefeller, Farichilds and Ascott were the founders of the "law" to create a central bank (fed Reserve)that the US had tried to avoid.

FDR used the Fed Reserve for stimulus purchases and thus began the debt standard. Each administration from then on piled on more debt until today when we see we have finally reached the outer boundary of a now impossible debt to manage or hide.

The long term soultion wil demand the Fed Reserve to be put inside the Treasury department so that their request to create inflation will have to be approved by Congress.

Also the SEC will have to have farmeers guarding the hen house instead of FOXes.