Sen. Rick Scott: Powell's Balance Sheet Failures Have Caused Massive Misallocation of Capital & Hurt American Families
March 20, 2024
March 20, 2024
WASHINGTON, March 20 -- Sen. Rick Scott, R-Florida, issued the following news release:
Today, following Federal Reserve Chair Jay Powell's press conference after this week's Federal Open Market Committee (FOMC) meeting, Senator Rick Scott released a statement slamming Powell's failure to explain or clarify its imminent plans to slow the reduction of the Fed's $7.5 trillion balance sheet which has caused a massive misallocation of capital. If the Fed had kept its . . .
Today, following Federal Reserve Chair Jay Powell's press conference after this week's Federal Open Market Committee (FOMC) meeting, Senator Rick Scott released a statement slamming Powell's failure to explain or clarify its imminent plans to slow the reduction of the Fed's $7.5 trillion balance sheet which has caused a massive misallocation of capital. If the Fed had kept its . . .