Each of the following helps the Federal Reserve to be independent of the federal government except
A)the fourteen-year terms of the governors.
B)the establishment of the Fed in the Constitution.
C)the staggered terms of the governors.
D)the independence of the Fed's income.

Question

Quizplus · Accepted Answer

The establishment of the Fed in the Constitution is not a factor that helps the Federal Reserve to be independent of the federal government. In fact, the Constitution only grants Congress the power to coin money and regulate its value, which could be seen as implying that the federal government should have some control over the monetary system. The other choices - the long terms and staggered appointments of the governors, as well as the independence of the Fed's income - all help to insulate the Fed from political pressure and interference.

Each of the Following Helps the Federal Reserve to Be