Members of the Federal Reserve System's Board of Governors

Members of the Federal Reserve System's Board of Governors









A) are subject to replacement by each new president.

B) are given 14-year terms designed to insulate them from political pressures.

C) can be fired by the president at any time.

D) are career civil-servants, neither appointed nor fired by presidents.

E) merely carry out policy decided by the Treasury Department.












Answer: B


AP Government

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