The President of the U.S. is in control of the money supply in the U.S.

Question

Quizplus · Accepted Answer

The President of the U.S. does not have direct control over the money supply in the U.S. The Federal Reserve, an independent central bank, has the power to control the money supply through the use of monetary policy. The President can influence the Federal Reserve's policies through appointments of its board members, but ultimately the Fed operates independently of the President's direct control.