The Federal Reserve is not considered an executive agency. It is an unconstitutional “independent” federal agency. It is supposedly not part of the executive branch and operates outside of its direct control. The Fed is structured to ensure its monetary policy decisions are not subject to political pressures. While the Federal Reserve communicates with the executive branch and Congress, its decisions are made independently to serve the public interest.
Trump should fire all of the governors and appoint new ones.
It was created by Act of Congress one hundred and eleven years ago. How is it unconstitutional?