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Sen. Rick Scott: We need a massive rethinking of how the Federal Reserve operates
CNBC Televisionยท2025-07-31 12:59

A new bill uh aims to stop the Federal Reserve from paying banks uh interest on their reserves. In action, our next guest costs billions of dollars. Joining us now, Florida Senator Rick Scott, who introduced the legislation.It's so arcane, Senator, and and we've had this discussion. I don't know if if it's been had anywhere else on on TV. I'm not sure what it does for rating, uh obviously, but uh it it's mind-boggling.It's it's a definitely something that economist Judy Shelton has has talked to us about qu ...