Subchapter IX containing section #341 relate to the powers of the 12 Federal Reserve BANKS that each have a Boarad of Directors of nine individuals. The courts have repeated identified the BANKS as privately owned corporations ---for the issues being adjudicated.
Section #341 does not relate to the FR Board of Governors. The BOG is the secret organization suspected of receiving hidden profits of the Fed.
That profit hidden from congress is from the auctions of Treasury securities. All of the handling is by the FRBNY and there is NO reporting or accounting records of disbursements available to Congress or to the public. The hidden profit amounts to $4 billion DAILY. Ref. Federal Reserve Heist, www.scribd.com/doc/101937790 .
Any other institute would be called an embezzler.
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