Question

The president of the United States can exert influence over the Federal Reserve in all of the following ways except​:

A.
influencing congressional decisions that might reduce the independence of the Fed.
B.
appointing new members to the Board of Governors.
C.
appointing a new chairman to the Board of Governors.
D.
reducing the​ Fed's net earnings.

Answer 1

The president of the United States can exert influence over the Federal Reserve in all of the following ways except influencing congressional decisions that might reduce the independence of the Fed and reducing the​ Fed's net earnings.

Step-by-step explanation:

The president of the United States can exert influence over the Federal Reserve in all of the following ways except:

1. Influencing congressional decisions that might reduce the independence of the Fed.
2. Reducing the​ Fed's net earnings.

The president can exert influence over the Federal Reserve by appointing new members to the Board of Governors and appointing a new chairman to the Board of Governors. These appointments have a significant impact on the direction and policies of the Federal Reserve.