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Rick Scott: “The Federal Reserve has been wildly unaccountable for years…”

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 00:06

I rise today to talk about an issue of great national importance that affects every family in America. 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. (00:06–00:12)

CLAIM

Asserts that the Federal Reserve lacks accountability under Jay Powell.

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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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