Who owns the federal reserve system
Asked by maham237 @ in History viewed by 277 People
the federal government
member banks
all commercial banks in the country
all banks in the country
12. Why are the Board of Governors of the Federal Reserve appointed for staggered fourteen-year terms?
to grant the Executive Office of the President more control over the Board of Governors
to offer board members enough time to become experts in monetary policy
to ensure that board members represent the concerns of their districts
to protect board members from political pressures