Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

[TCC]

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

fortune.com

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 policy. His remarks came amid a summer storm of criticism from the Trump administration against the Fed.

 

[Hol]

What Are They Hiding? Fed Declines Trump Official Request For On Site Visit to Tour Building Renovations, Releases ‘Virtual Site Visit’​

Another stunt…

Fed Chair Jerome Powell pulled another shady stunt after Trump officials requested a tour of the so-called $2.5 billion in building ‘renovations.’

On Friday Chairman of the Board of Fannie Mae and Freddie Mac, Bill Pulte, revealed Jerome Powell offered a tour of the renovations on Friday night when no one was there.

Powell is under fire for the cost of renovating the Fed’s DC headquarters. The cost ballooned from $1.9 billion to $2.5 billion.

On Monday, Trump officials were declined a request for an on site visit to tour the building renovations and instead were given a “virtual site visit.”

“Instead of granting us our site visit, the Fed today released a “virtual site visit” video,” Trump White House official James Blair said. “What do they not want us to see?”

What Are They Hiding? Fed Declines Trump Official Request For On Site Visit to Tour Building Renovations, Releases 'Virtual Site Visit' | The Gateway Pundit | by Cristina Laila

Another stunt… Fed Chair Jerome Powell pulled another shady stunt after Trump officials requested a tour of the so-called $2.5 billion in building ‘renovations.’ On Friday Chairman of the Board of Fannie Mae and Freddie Mac, Bill Pulte, revealed Jerome Powell offered a tour of the renovations on...

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