Answered

Which of these statements would be part of an accurate description of
the Federal Reserve System (the Fed)?
ed r
woll
A Like Supreme Court justices, officials of the Fed are appointed for life.
B. The Fed is both supervised and administrated exclusively by
Congress.
wod bustenabi
C. The Fed is separated from other, more political, parts of the
government.
D. The political party occupying the White House is responsible for
running the Fed.
625



Answer :

GinnyAnswer

Final answer:

The Federal Reserve System operates independently of Congress, with members appointed for long terms to ensure autonomy in decision-making.


Explanation:

The Federal Reserve System (the Fed) is structured to be independent of Congress and the government, with appointments for Board of Governors members made by the President for 14-year terms to insulate them from political pressure. The Fed's policy decisions do not require congressional approval, enhancing its autonomy in conducting monetary policy.


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