What entity oversees the Federal Reserve?

The entity that oversees the Federal Reserve is the U.S. Congress. This oversight is crucial in maintaining a balance between the operations of the Federal Reserve, which operates independently in terms of monetary policy, and accountability to elected officials. Congress is responsible for establishing the Federal Reserve System and has the power to amend its structure and functions through legislation. Regular reports by the Federal Reserve to Congress provide transparency regarding its goals, policies, and the economic conditions influencing its decisions. This relationship ensures that the Federal Reserve's actions align with national economic interests and promotes democratic accountability. The other entities listed do not possess the authority to oversee the Federal Reserve's operations.