In the United States,the president,the Senate,and the chairman of the Fed must agree on spending and taxation policies.

Question

Quizplus · Accepted Answer

While the president and Congress (of which the Senate is a part) play a role in setting spending and taxation policies, the Federal Reserve and its chairman are an independent entity when it comes to monetary policy and do not have a direct role in determining taxes and government spending.

In the United States,the President,the Senate,and the Chairman of the Fed