⭕ US Treasury Secretary Scott Bessent:

⬅️ The Federal Reserve is an irresponsible institution

⬅️ The Federal Reserve has deviated from its core monetary policy mission since 2008

⬅️ The Federal Reserve needs to return to its core mission

⬅️ Incidents like the one involving Fed Governor Cook erode public confidence in America's highest monetary authority

⬅️ We will not instruct Fed Governors Waller and Bowman on what to do

⬅️ If Fed officials are involved in mortgage fraud, an investigation must be conducted

⬅️ Fed members are independent