Scott Bessent Calls for Probe Into ‘the Entire Federal Reserve Institution’
DISTRICT OF COLUMBIA, UNITED STATES, JUL 21 – Treasury Secretary Scott Bessent urged a full review of the Federal Reserve amid disputes over interest rate policies and a $2.5 billion renovation project, citing concerns of mismanagement.
- 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.
Insights by Ground AI
Does this summary seem wrong?
35 Articles
35 Articles
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
Treasury Secretary Scott Bessent sharply escalated his criticisms of the Federal Reserve on Monday, publicly urging a comprehensive investigation into the central bank’s operations and effectiveness. In a news-making interview with CNBC, Bessent questioned whether the Federal Reserve has fulfilled its mandate, issuing a rare public critique from the nation’s top economic official on its own central bank at a pivotal moment for U.S. economic poli…
·New York, United States
Read Full ArticleCoverage Details
Total News Sources35
Leaning Left6Leaning Right8Center8Last UpdatedBias Distribution36% Center, 36% Right
Bias Distribution
- 36% of the sources are Center, 36% of the sources lean Right
36% Right
L 27%
C 36%
R 36%
Factuality
To view factuality data please Upgrade to Premium