Answer :
An action, that can help bring transparency and accountability to the federal reserve is; by conducting audit in its activities by the Government Accountability Office
How is the Federal Reserve held accountable?
The Federal reserve is an independent agency that are usually accountable to the public and Congress.
One other action that they can do to bring transparency and accountability aside the one given is:
- Conducting audit in its activities by the Government Accountability Office Appointees of the Federal Reserves can appear before the appropriate constituted Congressional Committees to provide testimonies of their conducts in office with respect to the issues under investigations.
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