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 malpractice and lack of transparency and accountability have seriously undermined confidence in our financial system. We can work to address this and start repairing the broken trust of the American people today by passing my bill, which is simple. Establish an independent Senate confirmed inspector General at the Federal Reserve. (00:27–00:34)
CLAIM
Asserts that malpractice and lack of transparency at the Federal Reserve undermine financial system confidence.
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.
