The monetary policy decisions made by the Federal Reserve must be approved by the Congress before they are enacted.

Name: The monetary policy decisions made by the Federal Reserve must be approved by the Congress before they are enacted.
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The Federal Reserve is an independent agency and its monetary policy decisions do not require approval from the Congress. However, the Fed is subject to oversight from the Congress and regularly reports to Congress on its actions and decisions.

The Monetary Policy Decisions Made by the Federal Reserve Must