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Sagot :
The reason for the Fed being set up as an independent agency of government is to protect it from any political pressures (B).
The Federal Reserve or The Fed operates mostly independently of the federal government. But the Fed is a quasi-governmental agency because its board of governors are selected by the President and approved by Congress. This combined structure--public and private-- of the Fed has been controversy for a long time.
Some critics argue that The Fed and other central bank should not be too independent from the government but must have a high degree of regulatory oversight. The Fed should be independence to avoid the influence of politics in promoting monetary policy that can favor re-election in the near term but cause lasting economic damage along the way.
The Fed and government must be tightly coordinated in their economic policy. Because any irresponsible monetary policies will directly diminish purchasing power, causing hyperinflation and destroy the economic balance of a country. The Fed is somehows still beholden somewhat to the government.
Learn more about The Fed here: https://brainly.com/question/20628585
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