.SenRickScott touted his legislation to create more accountability at the nation’s central bank in an interview with Breitbart News, declaring that the Fed is supposed to be a boon to the American people, not the big banks.
Sen. Rick Scott touted his legislation to create more accountability at the nation’s central bank in an interview with Breitbart News, declaring that the Fed is supposed to be a boon to the American people, not the big banks.that the government’s efforts to curb rampant inflation have made progress but noting that Federal Reserve Chairman Jerome Powell was slow to start combatting inflation by hiking interest rates or reducing the Fed’s balance sheet.
He said, “We’re not going to get inflation under control until we start balancing our budget. If we care about our citizens, which I do, you’ve got, you’ve got to get to a balanced budget. And so I don’t know why that’s hard. Do you do it every day? I do it every day.” Related: Warren Accuses Powell of “Gambling with People’s Lives,” Says Fed’s Plan Is Like a “Runaway Train”that there are more than 30 federal agencies that have a presidentially appointed and Senate-confirmed inspector general, but the nation’s central bank does not.
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