Bessent backs Fed's independence, but says it has made 'a lot of mistakes'

1 week ago 1
Republican Lawmakers Work To Pass Trump"s "One, Big, Beautiful Bill" On Capitol Hill

The Federal Reserve is and should be independent, Treasury Secretary Scott Bessent told Reuters in an interview, but noted that the central bank has "made a lot of mistakes."

Bessent also defended President Donald Trump's right to fire Fed Governor Lisa

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