The chair of the Board of Governors of the Federal Reserve is
A) appointed by the president and confirmed by the Senate, the appointment can be renewed for additional terms.
B) appointed by the president and confirmed by the Senate, and the appointment cannot be renewed for additional terms.
C) elected by Congress and serves a 7-year term.
D) elected by Congress and serves a 4-year term.
E) elected by Congress and serves a 10-year term.
Correct Answer:
Verified
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