Can Fed Governors be Fired?

The Federal Reserve has come under scrutiny, including uncertainty over whether the President can remove Fed governors — and under what circumstances. What does it mean to call the Federal Reserve "independent," and how does that work in practice?

Join Steve Odland and guest Yelena Shulyatyeva, senior US Economist for The Conference Board Economy, Strategy & Finance Center, to find out about the Federal Reserve's origins, who selects Fed governors and regional presidents, and why the Fed's independence matters to the economy.

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