The Fed is structured as an agency of the executive branch, with the Chairman of the Fed answering directly to the President.

Name: The Fed is structured as an agency of the executive branch, with the Chairman of the Fed answering directly to the President.
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Question

Quizplus · Accepted Answer

Although the Fed is a governmental agency, it is structured to operate independently of the executive branch. The Chairman of the Fed still reports to Congress, not the President.

The Fed Is Structured as an Agency of the Executive