Elon Musk Advocates for Federal Reserve Audit: A Controversial Proposal

Reported about 9 hours ago

Elon Musk has expressed interest in auditing the Federal Reserve's monetary policy decisions, raising concerns about the central bank's independence. His comments, made at a recent conservative gathering, echo similar past attempts by Republicans to increase oversight on the Fed, which historically has maintained its autonomy in setting policy based on economic data. Critics argue that such audits could politicize a crucial economic institution, while Musk insists on the need for government transparency.

Source: YAHOO

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