Scott Bessent: ”What we need to do is examine the entire Federal Reserve institution and whether they have been successful”

21/07/2025 / American, Finance / Central bank, central banking, CNBC, Federal Reserve Bank, Finance, monetary policy, Scott Bessent, United States, United States Dollar, United States Treasury, US Dollar, US Treasury

.@SecScottBessent: "What we need to do is examine the entire Federal Reserve institution and whether they have been successful… All of these Ph.D.s over there, I don't know what they do… This is like Universal Basic Income for academic economists." pic.twitter.com/ITzSwQKpjS
— Rapid Response 47 (@RapidResponse47) July 21, 2025