Referencing the scenario, describe an action, other than advancing legislation, that members of congress may take to bring transparency and accountability to the federal reserve.

Respuesta :

An action, that can help bring transparency and accountability to the federal reserve is; by conducting audit in its activities by the Government Accountability Office

How is the Federal Reserve held accountable?

The Federal reserve is an independent  agency that are usually accountable to the public and Congress.

One other action that they can do to  bring transparency and accountability aside the one given is:

  • Conducting audit in its activities by the Government Accountability Office  Appointees of the Federal Reserves can appear before the appropriate constituted Congressional Committees to provide testimonies of their conducts in office with respect to the issues under investigations.

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