You might wonder, as I do, why no one gets fired or is held accountable and why no changes have been made is because Jay Powell is chair and The Federal Reserve's Inspector General is appointed by and reports to Jay Powell and the Fed Board. period. It's a clear conflict of interest coupled with a perverse pay structure that enables issues to go unchecked and covered up for too long at the expense of the American people. (01:36–01:48)
CLAIM
Asserts that the Federal Reserve's Inspector General is appointed by and reports to Jay Powell and the Fed Board.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
