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Yo_Mama_Been_Loggin

(126,179 posts)
Mon Jul 21, 2025, 07:50 PM Monday

US Treasury's Bessent says Federal Reserve needs to be examined as an institution

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday said the entire Federal Reserve needed to be examined as an institution and whether it had been successful.

Bessent, speaking with CNBC, declined to comment on a report that he had advised President Donald Trump not to fire Fed chair Jerome Powell, saying it would be the president's decision.

But he said the institution should be reviewed, citing what he called "fear-mongering over tariffs" despite the emergence thus far of little, if any, inflationary effect.

"I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent said, adding that he would give a keynote speech at the U.S. central bank on Monday evening at the start of a regulatory conference.

https://finance.yahoo.com/news/us-treasurys-bessent-says-federal-120732921.html

Bessent needs to have his head examined to see if he has a functioning brain.

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US Treasury's Bessent says Federal Reserve needs to be examined as an institution (Original Post) Yo_Mama_Been_Loggin Monday OP
Yeah. Like I'd trust anything this bunch proposes Captain Zero Monday #1
I think Bessent needs to be examined as competent. lostincalifornia Monday #2
Fire every single federal official and let Trump run everything by himself. Irish_Dem Monday #3
PissAnt needs to be in an institution. rickyhall Monday #4
My monthly bills say otherwise Johonny Monday #5
Bessent is a fucking traitor to the Constitution. spanone Monday #6
Donnie is making too many enemies. Hence the Epstein scandal. unblock Monday #7
Why? Because they said No to Trump? Iggo Monday #8
Bessent needs to uncork his head from trump ass. republianmushroom Monday #9
WTF? bronxiteforever Monday #10
He doesn't (have a brain) Dave says Monday #11
Yes, let's return to those halcyon days of no Federal Reserve, when 1 out 5 national banks failed. LudwigPastorius Yesterday #12
Questioning the liars intelligence is silly. Instead, question his motives. nt BootinUp Yesterday #13

Captain Zero

(8,159 posts)
1. Yeah. Like I'd trust anything this bunch proposes
Mon Jul 21, 2025, 07:55 PM
Monday

Especially since they want to impose 0% interest rates by dictat.

unblock

(55,409 posts)
7. Donnie is making too many enemies. Hence the Epstein scandal.
Mon Jul 21, 2025, 08:13 PM
Monday

Criticizing Putin, pissing off Murdoch, alienating musk, messing with tariffs to attack businesses, etc.

Now taking on the fed and big banks?

No wonder they all think he's got to go.

Finally.

LudwigPastorius

(12,973 posts)
12. Yes, let's return to those halcyon days of no Federal Reserve, when 1 out 5 national banks failed.
Tue Jul 22, 2025, 12:15 AM
Yesterday

...for surely, as our Leader has demonstrated, there is big money in failure.

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