The chairman of the Board of Governors has sole discretion on changes in the money supply.

Name: The chairman of the Board of Governors has sole discretion on changes in the money supply.
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The decision to change the money supply typically involves a committee or board, such as the Federal Open Market Committee (FOMC) in the United States, rather than being the sole discretion of the chairman of the Board of Governors.

The Chairman of the Board of Governors Has Sole Discretion