The Federal Reserve System is supervised by a Board of Governors whose members are appointed by the president for life. Please select the best answer from the choices provided T F

History · High School · Mon Jan 18 2021

Answered on

False.


The members of the Board of Governors of the Federal Reserve System are appointed by the President of the United States, but their terms are not for life. They serve staggered terms to maintain continuity and prevent the entire board from changing with each presidential term.

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