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Fed to shrink staff by about 10% over next several years #shorts #fed #federalreserve #cuts #powell
Bloomberg Television· 2025-06-18 19:56
our headcount has grown at about 1% a year. So over the course of a couple of years, we're going to we're doing a careful scrub of the board and all the reserve banks and we're going to find 10% of employees uh who can do something else where where we can we can streamline our operations and we we think we can get there in a year in a couple of years. We think we can do that and we think the oper we think the the um you this is this is without taking risk to carrying out our critical missions.So this is som ...