Which of These Is a Provision of the Federal Reserve

question 27

Multiple Choice

Which of these is a provision of the Federal Reserve Act or part of subsequent legislation that contributes to the independence of the Fed?

• A) The Fed's actions are subject to executive branch control.
• B) Appointments to the Federal Reserve Board are staggered so that one board member's appointment expires every other year.
• C) Members of the Federal Reserve Board cannot be reappointed.
• D) The Federal Reserve System is subject to congressional oversight.

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