I’m working on a Accounting exercise and need support.
While the Federal Reserve is an independent entity, it is still subject to the political process. In an extreme case, the U.S. Congress could rewrite and pass laws that govern how the Federal Reserve does its job.
In this discussion, identify a potential change (for example, targeting interest rates or targeting the balance of the money supply in the economy) you would make to how the Federal Reserve operates and explain why you would change it.
In response to your peers, explain whether you agree or disagree with your classmate’s suggested change and why.
To complete this assignment, review the Discussion Rubric document.