US Edition
Scott Bessent Calls for Probe Into ‘the Entire Federal Reserve Institution’
DISTRICT OF COLUMBIA, JUL 21 – Treasury Secretary Scott Bessent urged a full institutional review of the Federal Reserve, citing a $2.5 billion renovation and questioning its mission amid political pressure.
- Scott Bessent, the Treasury Secretary, called for an examination of the entire Federal Reserve as an institution.
- Bessent noted that if the Federal Aviation Administration faced similar issues, they would investigate the causes.
- The Trump administration has begun selecting a replacement for Powell before his term ends in May.
148 Articles
148 Articles
In a movement expected by some and controversial for others, the U.S. Treasury Secretary, Scott Bessent, did not bite his tongue at the beginning of the week with a call for significant reforms in the country’s financial regulatory framework. During his intervention at a regulatory conference of the Federal Reserve, according to the original report, Bessent described current regulations as outdated and pointed to the need to eliminate certain pr…
Bessent calls for US Fed 'internal review'
WASHINGTON, United States – US Treasury Secretary Scott Bessent called Monday for the Federal Reserve to conduct an “exhaustive internal review of its non-monetary policy operations,” accusing the central bank of “significant mission creep.” In a lengthy post on X, Bessent sought to clarify remarks he made in a CNBC interview earlier in the day,
US Treasury chief says no reason for Fed chair to step down now
WASHINGTON: US Treasury Secretary Scott Bessent said on Tuesday (Jul 22) that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a review of the Fed. Bessent's comments in a Fox Business interview come as Powell faces
Does Fed boss Powell have to go now or not? US Treasury Secretary Bessent appeases for now and wants to examine something else at the same time.
Treasury Secretary Scott Bessent Calls For Thorough Review of ENTIRE Federal Reserve * 100PercentFedUp.com * by Kaley
Treasury Secretary Scott Bessent let loose on the Federal Reserve today. During an interview on CNBC, Bessent called out Jerome Powell and demanded a sweeping review of the “entire Federal Reserve institution and whether they have been successful.” He went after the so-called ‘experts’ at the Fed for their endless fearmongering over tariffs and inflation, saying, “All these Ph.D.s over there, I don’t know what they do!” Watch what he had to say …
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