Although its chair and board members are appointed by presidents, in all other concerns the Federal Reserve System (the Fed) is an independent agency.

Name: Although its chair and board members are appointed by presidents, in all other concerns the Federal Reserve System (the Fed) is an independent agency.
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Question

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The Federal Reserve operates independently of the government in its decision-making processes, despite its leadership being appointed by the President.

Although Its Chair and Board Members Are Appointed by Presidents