Answer:
This statement is false. While Congress has the power to regulate the Federal Reserve Bank, it does not have the legal authority to force the Federal Reserve Bank to accept and carry out their suggested recommendations regarding Monetary Policy. The Federal Reserve is an independent agency, and its monetary policy decisions are made by the Federal Open Market Committee (FOMC), which is composed of members appointed by the President and confirmed by the Senate. While Congress can influence the Federal Reserve's decisions through legislation and oversight, it cannot directly control its monetary policy.