Treasury Secretary Bessent calls for internal Fed review, possible loss of regulatory function

Treasury Secretary Scott Besson has published a broad and sweeping criticism of the Federal Reserve in an issue which is now online and we've read the whole thing uh or most of the whole thing uh in the magazine called the international economy. Uh in the article he calls for an internal Fed review of its policy and all of the things it does and even suggests that the regulatory function the bank regulatory function should perhaps be stripped from the Federal Reserve says the FDIC and the Office of the Cont ...