What is a major criticism of the Fed?

Question

Quizplus · Accepted Answer

One major criticism of the Fed is that it can make decisions that have negative impacts on the economy, but voters have little ability to hold its members accountable. The Fed is an independent entity, which means it is not subject to direct democratic processes or control. This lack of accountability has been a point of contention among critics who argue that the Fed should be more transparent and open to public scrutiny. Some have also argued that the Fed often acts in ways that are politically popular rather than fiscally sound, which can lead to problems down the line.

What Is a Major Criticism of the Fed