The principal policy-maker of the Federal Reserve is the
A) Chairman of the Federal Reserve Board of Governors.
B) president of the New York Federal Reserve bank.
C) president of the Washington, D.C. Federal Reserve bank.
D) Comptroller of the Currency.

Question

Quizplus · Accepted Answer

The Chairman of the Federal Reserve Board of Governors is the principal policy-maker of the Federal Reserve. They are responsible for overseeing the Board of Governors and setting monetary policy for the United States. The presidents of the Federal Reserve banks may influence policy discussions, but they do not have ultimate decision-making authority. The Comptroller of the Currency is responsible for regulating national banks, but they do not have a role in setting monetary policy.

The Principal Policy-Maker of the Federal Reserve Is the