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Zamaamiro02/19/20251 replyview on HN

The chairman of the Federal Reserve is accountable to Congress. The chairman must regularly report to and testify before Congress.

This is established in the Federal Reserve Act of 1913.


Replies

grandempire02/20/2025

> regularly report to and testify before Congress

Delivering reports to is different than them being able to hire and fire. Presidents appoint fed chairmen.