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tatiyna
3 years ago
5

Why are the Board of Governors of the Federal Reserve appointed for staggered fourteen-year terms?

Social Studies
2 answers:
Neko [114]3 years ago
8 0

Answer: to protect board members from political pressures

Mashutka [201]3 years ago
7 0
<span>The seven members of the Board are appointed by the President of the United States for staggered 14-year terms. The Board of Governors supervises the work of the Federal Reserve Banks and issues a variety of banking and consumer-credit regulations.</span>
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