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Treasury secretary scott bessent on friday called for renewed scrutiny of the federal reserve, including its power to set interest rates, as the trump administration. Treasury secretary scott bessent said the federal reserve's vital independence on monetary policy is threatened by its mandate creep into non. There must also be an honest, independent, nonpartisan review of the entire institution, including monetary policy, regulation, communications, staffing and research,.

Treasury secretary scott bessent with president trump on friday Treasury secretary scott bessent said on monday the federal reserve is and should be independent but said it had made a lot. “there must also be an honest, independent, nonpartisan review of the entire institution, including monetary.

Treasury secretary scott bessent blasted the federal reserve for putting its own independence at risk through “mission creep” and called for an independent review of the us.

The federal reserve must be relieved of its duties regulating the nation’s banks, treasury secretary scott bessent wrote in an essay published friday. Us treasury secretary bessent wants an independent, nonpartisan review of the federal reserve due to its expanded mission Bessent believes the fed's regulatory role over. Bessent called for an independent, nonpartisan review of the central bank, and suggested the fed should be stripped of its powers to regulate the nation's banks.

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