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Politics : Formerly About Advanced Micro Devices

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locogringo
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To: locogringo who wrote (1550920)8/6/2025 5:49:56 AM
From: FJB3 Recommendations   of 1582534
 
#10 - Scott Bessent DEMANDS an urgent internal review of the Federal Reserve’s out-of-control spending.

This is the first time a sitting Treasury Secretary has publicly called for a sweeping internal review.

He says the Fed’s expenses have exploded 4X since 2004, and now they’re bleeding up to $100 BILLION a year.

“To be clear, I am calling for an internal review. An internal review.”

“Everything else that the Fed has done over the years has just grown and grown… This is what happens when you don’t have oversight.”

“Right now, they’re losing about 100 billion a year. So they just print money to spend it. And I think a thorough review should be done. It can be done.”
vigilantfox.com
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