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Policy Update: The Reserve Bank Presidential Search

Chris Murphy

Econ Focus, 2022, vol. 22, issue 3Q, 12

Abstract: The public-private governance structure of the Fed was designed to keep it apolitical and independent, yet accountable to Congress, to ensure it could operate most effectively as the nation's central bank. For the past several decades, Congress and the Fed have instituted policies seeking to make the Fed more transparent to the public without eroding its independence.

Keywords: leadership; diversity; federal reserve presidents (search for similar items in EconPapers)
Date: 2022
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