Scott Bessent Urges Comprehensive Review of the Federal Reserve

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Source: Financial Times
Scott Bessent Urges Comprehensive Review of the Federal Reserve
Photo: Financial Times
TL;DR Summary

US Treasury Secretary Scott Bessent has called for an investigation into the entire Federal Reserve, criticizing its management and response to economic issues amid ongoing political pressure from President Trump, who has publicly criticized the Fed and its chair, Jay Powell, over interest rate policies and other matters.

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