Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve
28d ago
Business
CNBC

Treasury Secretary Bessent has called for a comprehensive review of the Federal Reserve. This review would extend beyond the current scrutiny surrounding the Fed's building renovation projects, suggesting a broader examination of the institution's operations and policies. The impetus behind the call remains unspecified, but it signals a potential shift in the government's oversight of the central bank. Such a review could have significant implications for the Fed's independence and its approach to monetary policy.