Which of the following is responsible for controlling the money supply in the United States?

Question

Quizplus · Accepted Answer

The Board of Governors of the Federal Reserve System is responsible for controlling the money supply in the United States through its monetary policy decisions. The U.S. Congress has some oversight over the Federal Reserve, but it does not have direct control over monetary policy. The U.S. Treasury is responsible for managing the government's finances and debt, but it does not control the money supply. The Council of Economic Advisors provides advice to the president on economic policy, but it does not have direct control over the money supply.

Which of the Following Is Responsible for Controlling the Money