All of the following help make the Fed independent of the political process EXCEPT

Question

Quizplus · Accepted Answer

The lifetime appointment of the chair of the Fed is not a factor that helps make the Fed independent of the political process. In fact, it could be argued that this creates a lack of accountability to the political process. The other options listed, financial independence, long nonrenewable appointments for board members, and staggered board member terms, all help to reduce the influence of politics on the Fed's decisions.

All of the Following Help Make the Fed Independent of the Political