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FDA Commissioner Makary & OMB Director Vought 7/22/25

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Federal Reserve Scrutiny: Management and Accountability

This chapter examines the Federal Reserve's performance under its current leadership, highlighting concerns about mismanagement related to interest rates and a costly construction project. The discussion critiques the Fed's response to inflation, the influence of political factors, and the implications for future economic stability. It also reflects on the balance between government spending, fiscal responsibility, and the independence of the Federal Reserve amid challenging economic pressures.

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