Question 58 / 148:  Which of the following statements is correct regarding the role of the U.S. Federal Reserve System?
A  The U.S. Federal Reserve System follows its directives from the U.S. Secretary of the Treasury.
B  The U.S. Federal Reserve System reports directly to the president and helps a wide range of
executive departments and agencies across the federal government to implement the commitments
and priorities of the president.
C  The U.S. Federal Reserve System provides independent, nonpartisan information, analysis, and
advice to the president as he formulates and implements his plans for economic recovery.
D  The U.S. Federal Reserve System supervises and regulates banking institutions and maintains
the financial system to attain economic stability and promote growth.
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Introduction to American Politics MCQ POLSC231

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Attribution:  Nicole Bartels. Introduction to American Politics. The Saylor Academy 2014, http://www.saylor.org/courses/polsc231/
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