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Which agency is responsible for monetary policy beyond the control of the President and Congress?
Wiki User
∙ 13y ago
federal reserve:)
Wiki User
∙ 13y ago
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What is the main agency for making monetary policy intended to be formally beyond the control of the president and Congress?
The Federal Reserve System!
Who prepares the monetary policy?
The central bank (United States Federal Reserve in the US) is responsible for monetary policy. Fiscal policy on the other hand is managed by the government (United States Department of the Treasury in the US)
Does the congress have any control over the department of energy?
No, since it is a part of the president's cabinet, the president controls it.
Who controls fiscal policy?
The president and congress together control the fiscal policy.
What are the tools and techniques used by RBI for monetary control?
techniques of monetary control of rbi
Can the president control trade with foreign nations?
He/She can make treaties, but they need to be approved by Congress.
WHO ARE considered officers of congress and their duties?
They act as a parlimentarian for congress. (keeping order and control) ~{Gummi Bear}~
Why do you think the Constitution gives Congress rather than the President control over spending?
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How does Congress control the President's foreign policy by checks and balances?
The President cannot unilaterally declare war without the consent of Congress. The President has to present evidence to Congress that a war would be necessary and legal. Thus Congress acts to check the President's power.
How congress can control the president?
The president can veto any bill passed by Congress. This stops a divided Congress since a 2/3 majority is required to pass the bill over the veto. The president can fail to enforce laws that he does not like. Congress can fight back with impeachment or censure but there are usually serious political costs to such actions, so Congress often does nothing. The president can also use a "carrot and stick" approach to influence individual Congress members.
How much control does the president have over the tariff?
No the President can not set tariffs. Tariffs would require a bill to be passed which can only be done by the Congress.
Why do members of congress have special protection against arrest?
Members of Congress have protection from arrest while they are going to and leaving the house of Congress to vote. This prevents the president from using his executive powers to unduly control Congress.
