QUORUMCALL//GPT:
INTERFERENCE WARNING
• Senator Elizabeth Warren has cautioned investor Scott Bessent against meddling in Federal Reserve affairs.
• Bessent had previously proposed a plan to influence the Fed’s emergency lending programs.
WARREN’S STANCE
• Warren expressed concern that Bessent’s proposal could undermine the Fed’s mission of maintaining financial stability and supporting the economy.
• She stated that the Fed’s programs should not be used to safeguard Wall Street’s profits.
TOPICS COVERED
#FederalReserve #InvestmentInterference
SOURCE NOTE
This news was reported by The Hill, a digital news outlet known for its balanced yet incisive reporting on U.S. politics.
Learn more — read the article in full here.
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