【单选题】Read the following statements and determine if they are true or false.
A.
The Federal Reserve's monetary policy must be approved by the President of the United States.
B.
. The Federal Reserve Board of Governors meets approximately every six months to review the state of the economy and determine monetary policy.
C.
I and II are both true.
D.
I and II are both false.
E.
I is true and II is false.
F.
I is false and II is true.