[kempster]

I always wondered why the Federal Reserve Chairman was appointed by the President and approved by the Senate for a body that calls itself independent of Government.

[chuck_the_tv_out]

“Federal Reserve Chairman was appointed by the President and approved by the Senate”

I’ve wondered if it’s like the British queen gives parliament authority - she doesn’t actually have a choice & it’s purely ceremonial.

Also the Chairman does what he’s told by the money anyway.