Asked by danny sellers
the president has influence on federal reserve policy because of what?
because the president appoints the seven members of the Board of Governors for staggered 14-year terms. The long terms provide a degree of isolation of the Board from policy directives of the president in office.
because the president appoints the seven members of the Board of Governors for staggered 14-year terms. The long terms provide a degree of isolation of the Board from policy directives of the president in office.
Answers
There are no AI answers yet. The ability to request AI answers is coming soon!
There are no human answers yet. A form for humans to post answers is coming very soon!