I think we should abolish it, and create a USA domestic central bank. The Fed Res is global. They are focused on managing all the countries, like a global gov’t. They owe no allegiance to any country. They were always anti USA. Their job is or has been global wealth re-distribution, always away from the US.
It might make sense after 2008 that the global Fed Res might have a new objective of re-distributing wealth back to the USA for their own good to avoid a higher national debt that could crash and burn their Fed Res Note.
No other country does anything good for the USA unless its good for them imo.