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Posted: 2025-07-21 19:17:23 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-07-21 19:17:35 UTC
Verified By
Rollup News
Scott Bessent criticizes the Federal Reserve, questioning its success and the role of its academic economists, likening it to 'Universal Basic Income for academic economists.'
Criticism of the Federal Reserve's effectiveness
Questioning the role and value of academic economists at the Fed
Comparison of the Fed's structure to Universal Basic Income
Federal Reserve's effectiveness questioned
Role of academic economists at the Fed under scrutiny