Question

Although the members of the board of governors of the federal reserve system are appointed by the president

Answer 1

The answer is the board does not receive funding from Congress. The seven members serve a 15 year term, and report to the Speaker of the House once a year.

Step-by-step explanation:

Although the members of the board of governors of the federal reserve system are appointed by the president, the board does not receive funding from Congress. The seven members serve a 15 year term, and report to the Speaker of the House once a year.