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Rick Scott: “Powell has also overseen regulatory failures and numerous…”

Featuring: Rick Scott, Republican | U.S. Senate, Florida

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JUST IN: Gary Peters Blocks Rick Scott's Bill To Change Fed Structure—Then Peters Responds

Published | Video Starts at 00:16

We know the Federal Reserve has been wildly unaccountable for years under Jay Powell's leadership. Beyond his failed monetary policies leading to distorted markets and misallocated capital, Powell has also overseen regulatory failures and numerous reports of unethical practices among its own members. all of which were overlooked, enabled by the Fed Board's hand picked Inspector General. This malpractice and lack of transparency and accountability have seriously undermined confidence in our financial system. (00:16–00:22)

CLAIM

Asserts that Jay Powell has overseen regulatory failures and unethical practices at the Federal Reserve.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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