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I've been mocking the 420 PhDs at the FED for years... complete bunch of worthless employees.... spending billions for no reason...

looks like I am not the only one :D

History is now made...

BREAKING: Treasury Secretary Scott Bessent demands a THOROUGH REVIEW of the "ENTIRE Federal Reserve System." YES. Audit the Fed. "All these PhDs over there, I don't know what they do!" "What we need to do is examine the entire Federal Reserve institution, and whether they have been successful!" "There was fearmongering over tariffs, and thus far we have seen very little, if any inflation. We've had low inflation numbers."

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6flagns

Respectfully disagree bumbling billionaires complaining about the fed who so far are steering the us calmly not let by puppet politics. Lower rates higher interest your choice. Blaming the debt on interest rates is farcical. The debt is caused by overspend and failure to run the public purse

Chewie

Amusing seeing this that you said forever!

Jules

Yet, despite the underlying issue of overspending, how often did Powell even bother mentioning that throughout Biden's term? On top of that, declaring inflation "transitory". Not political, eh?

Bladerunner

That was funny! He must watch you James!

Mike Caprock

Yes. What is going on there? Why do you need 420 PHDs to read the inflation number. Always thought he was political. Also , 2.5 Billion to remodel that is outrageous; really would like to see that estimate. Just someone you don't want managing your money

DJL

The shit asking the bull shit to explain themselves???? Sounds like like BS to me!

KoKoPelli

They say don't fight the FED. I say, get your gloves ready 💪🏽

Theresa

They are going after him for that 2.5 billion renovation... just an excuse to ax him

Jafo

Newsmax, zero credibility

Wer Weiss

This is all theater. In the end, they work for the same people, so it will continue in the same vein. Remember MAGA, Epstein, etc. It's all a joke. Should be named: make themselves great again