Question

The Federal Reserve System a.) was established and is now controlled by congress b.) was established by congress but is now independent of itc.) was established and is controlled by the president of the united states d.) was established and is controlled by the national banks in the US

Answer 1

b.) was established by congress but is now independent of it

Step-by-step explanation:

It was founded on december of 1913 by the congress of the United State of America. to help the nation on the monetary and financial of the country.

It is considered independent of the congress because, it doesn't require his approval to conduct their policies.