We noticed that the 2007-2009 financial crisis raised a series of important questions about the financial system. Following the financial crisis, Congress debated the issue of reducing the independence of the Federal Reserve System. Should Congress and the president be given greater authority over the Federal Reserve System? Why or why not? Explain your reasoning in detail.

I was thinking that the gov should not control it to keep it from becoming a political tool that may end up hurting the US in the long run. However, in keeping it separate and private, it should be audited with the results public. What do you think of this? Please help me elaborate on this concept.