Federal Reserve should be independent but has ‘made a lot of mistakes,’ Bessent says

Treasury Secretary Scott Bessent said on Monday the Federal Reserve is and should be independent but said it had "made a lot of mistakes" and defended President Trump's right to fire Fed Governor Lisa Cook over allegations of mortgage fraud.

  Business   Sep 2, 2025   0   1  Add to Reading List
Federal Reserve should be independent but has ‘made a lot of mistakes,’ Bessent says
Treasury Secretary Scott Bessent said on Monday the Federal Reserve is and should be independent but said it had "made a lot of mistakes" and defended President Trump's right to fire Fed Governor Lisa Cook over allegations of mortgage fraud.
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