1. Many people feel the Fed, which is largely independent of Congress and the President, is...

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1. Many people feel the Fed, which is largely independent of Congress and the President, is too powerful. In fact, the Chairman of the Fed Board of Governors has been called the second most powerful person in the country. Do you think the Fed is too powerful? Should Congress have more oversight of the Fed? Share your thoughts. 2. "Neither monetary policy nor fiscal policy alone can be effective in formulating sound economic policies for recession." Do you agree or disagree? Share your thoughts. 3. Tax cut is a debatable topic. Does it help or hurt the relatively poorer segment of the population? You can take either side but make sure to substantiate your thought with references. 1. Many people feel the Fed, which is largely independent of Congress and the President, is too powerful. In fact, the Chairman of the Fed Board of Governors has been called the second most powerful person in the country. Do you think the Fed is too powerful? Should Congress have more oversight of the Fed? Share your thoughts. 2. "Neither monetary policy nor fiscal policy alone can be effective in formulating sound economic policies for recession." Do you agree or disagree? Share your thoughts. 3. Tax cut is a debatable topic. Does it help or hurt the relatively poorer segment of the population? You can take either side but make sure to substantiate your thought with references.

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1 Federal Reserve intervenes in financial markets to achieve goals of maximum employment and price stability assigned to Fed by Congress The Fed is given autonomy to take decisions independent of Cong... View the full answer