21/7/2025–|Last update: 19:54 (Mecca time)
US Treasury Secretary Scott Besent said on Monday that the Federal Reserve Council (Central BankThe whole of him needs to review his work as an institution and whether he is successful or not.
In an interview with CNBC, Besent refrained from commenting on a report stated that he advised the president Donald Trump Not to dismiss the President of the US Central Bank Jerome PowellSaying that the decision is due to the president.
But he said that the institution should be reviewed, pointing to what he called “raising fear about Customs“Although its inflationary effect is very small or not mentioned since its application.
He added: “I think that what we need to do is to review the entire Federal Reserve Foundation and whether it is successful,” adding that he will deliver a speech in the central bank this evening at the beginning of an organizational conference.
Trump has repeatedly criticized Powell and urged him to resign because the central bank relies on reducing interest rates.
In the past few days, the president has also targeted the process of renewing the bank’s headquarters in Washington The rhetoric cost $ 2.5 billion, which exceeds the budget, indicating that there may be fraud and may be a reason to overthrow a beans.
Powell said last week to the Trump administration officials to obtain information about exceeding the expected cost, saying that the project was widespread and included a number of safety -related improvements and removal of dangerous materials.