Sen. Rick Scott to Chair Powell: Fed's Failure to Meet Balance Sheet Reduction Goals Shows Unacceptable Lack of Accountability
July 30, 2024
July 30, 2024
WASHINGTON, July 30 -- Sen. Rick Scott, R-Florida, issued the following news release:
Ahead of this week's Federal Open Market Committee (FOMC) meeting, Senator Rick Scott sent a letter to Chair of the Federal Reserve, Jay Powell, urging accountability regarding his massive failure to meet his target of reducing the Fed's balance sheet and severely misallocating capital. Senator Scott has been adamant about holding the Fed accountable to their goals of reducing the balance . . .
Ahead of this week's Federal Open Market Committee (FOMC) meeting, Senator Rick Scott sent a letter to Chair of the Federal Reserve, Jay Powell, urging accountability regarding his massive failure to meet his target of reducing the Fed's balance sheet and severely misallocating capital. Senator Scott has been adamant about holding the Fed accountable to their goals of reducing the balance . . .