The Federal Reserve System is run by the President of the United States.

Name: The Federal Reserve System is run by the President of the United States.
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Question

Quizplus · Accepted Answer

The Federal Reserve System is an independent entity created by Congress and is not run by the President of the United States. The President does have the power to nominate and appoint the members of the Federal Reserve Board, but the Board operates independently from the President and the executive branch of government.

The Federal Reserve System Is Run by the President of the United