https://redstate.com/jenniferoo/2025/07/21/scott-bessent-says-its-time-to-review-the-federal-reserve-i-dont-know-what-they-do-n2191903
Scott Bessent Says It's Time to Review
the Federal Reserve: 'I Don't Know What
They Do'
Red State, by Jennifer Oliver O'Connell
Posted By: 4250Luis, 7/21/2025 4:24:58 PM
Here is what a treasury secretary is supposed to do: work to demystify what is being done with Americans' money, answer why Wall Street and the Fed do what they do, and why it should matter to us. If anything remains a financial mystery, it's what happens at the Federal Reserve. Does Fed Chairman Jerome Powell and his over 2,300 staffers use spreadsheets, market trends, an abacus, or tea leaves to set rates? Because from the financial novice or illiterate (raising my hand), their decisions come off as arbitrary, political, or both. As opposed to the former Treasury Secretary Janet Yellen,