Bessent called for an independent review of the Fed's monetary policy, regulation, and staffing in September 2025.

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Bessent's September 2025 Wall Street Journal op-ed called for "independent, nonpartisan review" of Fed monetary policy, regulation, and staffing. But who conducts independent review of an independent agency? If Treasury or White House control the review, it's political interference, not independence. If the Fed reviews itself, it's self-serving. If Congress reviews, it's partisan (Banking Committee Republicans stayed silent on Cook). The call for "review" is pretext for political restructuring. Similar reviews preceded central bank takeovers in Turkey, Hungary, and Venezuela. The "independent" label provides democratic cover for authoritarian control.

Bessent called for an independent review of the Fed's monetary policy, regulation, and staffing in September 2025.

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