The Federal Reserve Board, although nominated by the president, functions largely independently of the chief executive.

Name: The Federal Reserve Board, although nominated by the president, functions largely independently of the chief executive.
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The Federal Reserve Board members, including its chair, are nominated by the President and confirmed by the Senate, but once in office, they have significant independence in setting monetary policy, aiming to insulate their decisions from political pressure.

The Federal Reserve Board, Although Nominated by the President, Functions