Bessent published his Wall Street Journal op-ed calling for Fed review anonymously to avoid appearance of Treasury interference.

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Bessent published his Wall Street Journal op-ed "The Fed's Gain of Function Monetary Policy" under his own byline on September 5, 2025. The essay attacked Fed monetary policy, regulation, and staffing—appearing the same day Trump began interviewing Fed Chair candidates. Far from avoiding appearance of interference, Bessent openly coordinated the review with Chair replacement. This signals to candidates: support political control or lose nomination. The op-ed wasn't anonymous; the coordination was explicit. That's worse for independence.

Bessent published his Wall Street Journal op-ed calling for Fed review anonymously to avoid appearance of Treasury interference.

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