Which statement about the Federal Reserve System is true?

A.
Its leaders are chosen by the political party that holds the White House.

B.
It is controlled by a congressional committee.

C.
Its chairman is the Secretary of the Treasury.

D.
It is run by a board that is independent of political parties.

Question

Which statement about the Federal Reserve System is true?	
 
 A.
Its leaders are chosen by the political party that holds the White House.
 
 B.
It is controlled by a congressional committee.
 
 C.
Its chairman is the Secretary of the Treasury.
 
 D.
It is run by a board that is independent of political parties.

anonymous · Answer

I think it's D but I'm not sure.

anonymous · Answer

This may help: http://wiki.answers.com/Q/Is_the_federal_reserve_system_run_by_a_congressional_committee?#slide=5