Bessent Defends Fed Independence Amid Acknowledgment of Past Mistakes
Treasury Secretary Scott Bessent emphasized the importance of the Federal Reserve's independence while admitting it has made significant errors. He also backed President Trump's right to dismiss Fed Governor Lisa Cook in light of mortgage fraud allegations.
Bessent Defends Fed Independence Amid Acknowledgment of Past Mistakes
Treasury Secretary Scott Bessent emphasized the importance of the Federal Reserve's independence while admitting it has made significant errors. He also backed President Trump's right to dismiss Fed Governor Lisa Cook in light of mortgage fraud allegations.
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