Which of the following is a provision of the Federal Reserve Act or subsequent legislation that contributes to the independence of the Fed?
A) The Fed's actions are subject to executive branch control.
B) Appointments to the Federal Reserve Board are staggered so that one expires every other year.
C) Members of the Federal Reserve Board cannot be reappointed.
D) The Federal Reserve System is subject to Congressional oversight.
Correct Answer:
Verified
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