Question

What power do the people have over the Federal Reserve Bank through Congress?


A.governance of daily operations of the Fed
B.approval of presidential appointees to the Fed
C.veto power over how the Fed sets interest rates
D.oversight of Fed loan payments

Answer 1

Answer:

A OR B. NOT SURE SORRY.......

Answer 2

Answer:

C.veto power over how the Fed sets interest rates

Explanation:

According to the Constitution, Congress has the power to coin money and regulate its value. In 1913, Congress delegated this power to the Fed through the 1913 Federal Reserve Act. However, some argue that such a delegation is fundamentally unconstitutional.