Posted inEconomy

Bessent Calls for Curb on Fed Authority, Accuses It of Distorting Economy

By Tom Ozimek Treasury Secretary Scott Bessent ramped up his criticism of the Federal Reserve on Sept. 5, accusing it of running risky “gain-of-function” monetary experiments that warp financial markets, reward asset holders, and erode the central bank’s independence. In a Wall Street Journal op-ed, and a longer essay and interview for The International Economy, […]