America president.
The chairman of the Federal Reserve is nominated by the president and appointed by Congress, and the Federal Reserve itself does not have the power to appoint and remove personnel.
The actual controller of the Federal Reserve is the President of the United States, and whoever is the President of the United States holds the power of the Federal Reserve. The full name of the Federal Reserve is the Federal Reserve System of the United States and the central bank of the United States. The chairman of the Federal Reserve is directly nominated by the President of the United States. Obviously, the President of the United States controls the Federal Reserve.
In terms of organizational form, the Federal Reserve adopts a dual organization of federal government agencies + non-profit agencies, thus avoiding the complete control of monetary policy by the government or private consortia, so it is equivalent to a private agency and government cooperation agency.
The Fed’s decentralization and checks and balances are not only reflected in the organization, but also in the system of formulating monetary policy, which ensures that the Fed is not controlled by the government or private consortia.