The debate about the Fed’s “dissensus” never ends

In short, a single head, enjoying the confidence of the President, would be able to speak with vigor for the central banking viewpoint in the formation of economic policy; yet once the deliberations had been completed an assurance would exist that the Fed would be at one with
the rest of the government in executing the policy determined upon.

Michael Regan. (1961) “The Political Structure of the Federal Reserve System.” APSR.