In the United States, the president, the Senate, and the chairperson of the Fed must agree on spending and taxation policies.

Question

Quizplus · Accepted Answer

While the president and Congress (which includes the Senate) play a significant role in setting spending and taxation policies, the chairperson of the Fed (Federal Reserve) does not have direct involvement in these decisions. The Fed does have some influence through its monetary policy decisions, but ultimately the responsibility for fiscal policy lies with the executive and legislative branches of government.

In the United States, the President, the Senate, and the Chairperson