To insulate the Federal Reserve from political pressure, d. the Board of Governors are appointed to fourteen-year terms is the correct answer. This long tenure helps ensure that members can make decisions based on economic considerations rather than political pressures.
To insulate the Federal Reserve from political pressure,
a. the Board of Governors are elected by the public.
b. the Board of Governors are supervised by the House Banking Committee.
c. the Board of Governors have lifetime tenure.
d. the Board of Governors are appointed to fourteen-year terms.
1 answer