U.S. Treasury Secretary: Fed’s Large-Scale Overhaul Should Be Reviewed
According to Jinse Finance, U.S. Treasury Secretary Bessent stated that the Federal Reserve should conduct a comprehensive internal review of its non-monetary policy operations. The Federal Reserve should thoroughly examine all of its responsibilities to enhance its credibility. There should also be a review of the Fed's decision to undertake large-scale renovations during periods of operational losses.
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