The __________ consists of seven persons who are appointed by the president and who serve fourteen-year terms.

Question

Quizplus · Accepted Answer

The Federal Reserve Board, also known as the Board of Governors of the Federal Reserve System, consists of seven members who are appointed by the President of the United States and confirmed by the Senate for staggered 14-year terms. This structure is designed to ensure its independence and insulation from political pressure.

The __________ Consists of Seven Persons Who Are Appointed by the President