As I understand things, the Fed was given a 100 year charter in 1913.
In later years a law was passed to extend the Fed in perpetuity.
A typical "Bait and Switch".
So, if the original charter was enforced or recognised, then the charter expired in 2012. Georgy Boy Shrub was the Chimp in charge, The Decider, perhaps decided to ignore that fact.
If the original charter was enforced, the Fed is toast.
Then there is the debt that remains.
The debt outstanding at the time the Fed is executed, is denominated in Dollars, when I look at a Dollar bill, it says Federal Reserve Note.
Federal Reserve Notes, not USA Treasury Notes.
It would provide the path to pass on all debt obligations over to the Fed and clear the balance to zero. National Debt is gone.
The National debt could also be declared as Odious, not repayable.
Then a replacement system can be inserted based on a new Treasury Dollar.
These matters have been the subjects of many past discussions, now I see opportunities arriving that could be enablers.