‘TERRIBLE': GOP senator reveals why he says Fed Reserve is broken

Federal Reserve and Inflation - The potential appointment of Kevin Worsh as Fed chair is seen as promising, particularly due to his stance on controlling inflation and reducing excessive government spending [1][2] - The Federal Reserve has been criticized for facilitating inflation through bond purchases and financing what is termed "big government socialism," which has resulted in high inflation and interest rates [3][4] Immigration and Homeland Security - Concerns are raised about the ongoing negotiations regarding the Department of Homeland Security (DHS) funding and potential changes to immigration laws, particularly regarding deportation policies [5][6] - There is skepticism about the adequacy of current funding for immigration enforcement and fears that Democrats may impose unreasonable demands that could hinder enforcement capabilities [7][9] - The bill in question is criticized for excessive spending, including $5.2 billion in wasteful earmarks, raising alarms about fiscal responsibility [9] Local Government and Federal Law - The stance of local governments, particularly in Minnesota, against federal immigration enforcement is highlighted as problematic, with claims that they do not comply with federal laws [10][11] - The lack of cooperation from local authorities in enforcing immigration laws is seen as a significant issue, complicating the federal government's ability to manage immigration effectively [12][13] Legislative Actions - An amendment introduced by Senator Lee aims to strip funding from the US ADF, a federal agency linked to corruption, indicating ongoing concerns about government accountability and spending [15][16]