federal reserve policy

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.

  1. 👍 0
  2. 👎 0
  3. 👁 53
asked by danny sellers

Respond to this Question

First Name

Your Response

Similar Questions

  1. U.S. History

    Explain why President Wilson proposed the establishment of the Federal Reserve System. A: President Wilson proposed the establishment of the Federal Reserve System to restore public confidence in the banking system. The United

    asked by Victoria on October 26, 2015

  2. history

    Describe and evaluate president Eisenhower policy regarding Joseph McCarthy could you tell me if this is the answer. He was succeeded as president influence,pursued foreign policy. Thank You

    asked by keria on January 13, 2012

  3. American Goverment

    A foreign policy president tends to be stronger than a domestic policy president because (Points : 1) presidents usually have stronger foreign policy backgrounds. Congress has more public support domestically and less

    asked by christopher on May 17, 2015

  4. history

    please check president Roosevelt's progressive record included all the following EXCEPT a. conservation of forest land b. break-up of several trusts deemed harmful to the public c. regulation of food and drugs d. establishment of

    asked by history on April 3, 2009

  5. Civics

    Which of the following is the best example of the idea of "separation of powers" in the American constitutional system? A.The president appoints judges, but legislators get elected.** B. The process for creating laws involves

    asked by Need help on December 8, 2016

  6. Civics

    Which of the following is the best example of the idea of "separation of powers" in the American constitutional system? A.The president appoints judges, but legislators get elected.** B. The process for creating laws involves

    asked by Civics help on December 8, 2016

  7. POL201: American National Government

    The reason that the President is called the Commander-in-Chief in the Constitution is because the Framers wanted to provide the President with authority over the secretary of defense. CORRECT to establish the principle of civilian

    asked by apmsdt on May 28, 2015

  8. english

    1) When Congress passed the Federal ReserveAct of 1913, it gave the Federal Reserve Board afree hand in steering the economy. (2) The President, while charged with appointing the chair and board members, has no direct role to play

    asked by mary on January 28, 2008

  9. Social Studies

    How did John Calhoun react to the Tariff of 1828? A. He used his power as Vice President to influence President Jackson to oppose the tariff. B. He led a charge to impose sticker regulations on the second bank of the United

    asked by Soccer_girl on November 14, 2018

  10. History

    How did John Calhoun react to the Tariff of 1828? A. He used his power as Vice President to influence President Jackson to oppose the tariff. B. He led a charge to impose sticker regulations on the second bank of the United

    asked by Angel on August 29, 2017

More Similar Questions