Fed should be independent but it 'made a lot of mistakes''

Name: Fed should be independent but it 'made a lot of mistakes''
Uploaded: 2025-09-02
Description: U.S. Treasury Secretary Scott Bessent defended President Donald Trump's controversial removal of Federal Reserve Governor Lisa Cook over mortgage fraud allegations, criticized the Fed's past decisions, and asserted the president’s right to influence the central bank despite concerns over its independence.

U.S. Treasury Secretary Scott Bessent defended President Donald Trump's controversial removal of Federal Reserve Governor Lisa Cook over mortgage fraud allegations, criticized the Fed's past decisions, and asserted the president’s right to influence the central bank despite concerns over its independence.

02/09/2025 02:17 MYT

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