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June 30, 2022

independence of the federal reserve system

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We noticed that the 2007-2009 financial crisis raised a series of important questions about the financial system. Following the financial crisis, Congress debated the issue of reducing the independence of the Federal Reserve System. Should Congress and the president be given greater authority over the Federal Reserve System? Why or why not? Explain your reasoning in detail.

Your initial post should be a minimum of 300 words.

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