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Flura [38]
3 years ago
9

Why do presidents typically reappoint chairs of the federal reserve board even when they were originally appointed by a presiden

t of a different political party?
History
1 answer:
Varvara68 [4.7K]3 years ago
5 0

Answer:

Market stability

Explanation:

By and large, the market likes stable leadership at the Federal Reserve. So, a President usually can keep the Fed Chair in place which allows for a healthier economy.

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