Elon Musk reiterates demand to dismantle the Fed, calls it ‘excessively overstaffed’
Elon Musk is intensifying his ongoing critique of the US Federal Reserve (Fed), once again targeting its structure and operations. On Monday, the Tesla CEO took to social media platform X to reiterate his demand to dismantle the central bank, describing it as ‘absurdly overstaffed.’
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Trump Efficiency Co-Chief Elon Musk Calls Fed ‘Overstaffed’(Bloomberg) -- Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve. The central bank in charge of protecting the world ...
Elon Musk put the Federal Reserve on notice that the central bank could face an audit from his Department of Government ...
Last month, the billionaire Elon Musk, who has been tasked with cutting costs in the federal government, called the Federal Reserve “absurdly overstaffed.” But Powell said the Fed runs a ...
Powell tells senators Fed is in no rush to lower rates US payments system remains safe, he says Fed chair says ‘fair to take a fresh look’ at debanking Law doesn’t allow Trump to fire Fed ...
Elon Musk, the leader of President Donald Trump's Department of Government Efficiency (DOGE), wrote in a post on X last month, "The Fed is absurdly overstaffed." Powell was asked about those ...
Responding to questions from Sen. Andy Kim, Democrat of New Jersey, Powell said that the Fed is not overstaffed—“overworked, maybe,” he said. The Trump administration has targeted the ...
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