Removed from partisan politics by virtue of ability to act

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The FRS was established as an independent agency, removed from partisan politics by virtue of its ability to act without seeking presidential or legislative consent. Some argue this independence has the potential to result in rogue actions that may or may not be in the best interests of the nation (as determined by our politicians). Others argue this independence is critical to the Fed's ability to take swift action in the event of impending crisis. Discuss your view of this independence.

Reference no: EM131173943

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