Monetary policy is directly under the control of the U.S. Department of the Treasury.

Name: Monetary policy is directly under the control of the U.S. Department of the Treasury.
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Monetary policy is actually under the control of the Federal Reserve System, not the Department of the Treasury. The Federal Reserve System operates independently from the government, although its Board of Governors is appointed by the President and confirmed by the Senate.

Monetary Policy Is Directly Under the Control of the U