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CHAPTER

Regulatory Agencies and Economic Challenges

This chapter delves into the creation of independent regulatory agencies by Congress in response to political partisanship, emphasizing the Federal Reserve's crucial role in economic stability. It discusses the tension between presidential control over economic policies and congressional authority, alongside current challenges in the housing market and Etsy's competitive struggles. The chapter also examines changes in consumer spending behavior in light of political polarization, highlighting the rise of economic boycotts and their potential impact on the economy.

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