Fed's Role in Bank Regulation Under Scrutiny

Is the Fed overstepping its bounds? Treasury Secretary Scott Bessent says the central bank has strayed from its core mission by over-regulating banks, creating conflicts of interest and threatening its independence. He's calling for a major overhaul of the Fed's structure and a return to its original focus on jobs, prices, and interest rates, sparking debate about the future of bank supervision in America. Hosted on Acast. See acast.com/privacy for more information.