All decisions of the Fed are subject to approval by:
A)the President of the United States.
B)the U.S.Congress.
C)the FDIC
D)none of the above

Name: All decisions of the Fed are subject to approval by: A)the President of the United States. B)the U.S.Congress. C)the FDIC D)none of the above
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Question

All decisions of the Fed are subject to approval by:
A)​the President of the United States.
B)​the U.S.Congress.
C)​the FDIC
D)​none of the above

Quizplus · Accepted Answer

The Federal Reserve System is designed to be an independent Central Bank. Therefore, its decisions are not subject to approval by any other branches or agencies of the government.

All Decisions of the Fed Are Subject to Approval By