Multiple Choice
Which of these is a provision of the Federal Reserve Act or part of subsequent legislation that weakens the independence of the Fed?
A) The Fed's actions are subject to executive branch control.
B) Members of the Federal Reserve Board serve 14-year terms.
C) Members of the Federal Reserve Board cannot be reappointed.
D) The Federal Reserve System is subject to congressional oversight.
Correct Answer:
Verified
Correct Answer:
Verified
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