Host Varney & Co. Stuart Varney responds to the attacks of Democrats on Elon Musk for effort to reduce the cost of the federal budget.
Billionaire Elon musk On Sunday, they signaled that the federal reserves could face the supervision because the Musk department of the Government Efficiency (Doge) continues to revise federal agencies and consumption.
Musk wrote on X in response to a user’s post on the support of billionaire for the Audit of the Fed that the central bank is not above Doge.
“All Government aspects must be completely transparent and responsible to people. No exception, including, if not special, Federal reserves“Musk wrote.
Musk is a longtime critic of the central bank and has called on his decisions about monetary policy, as well as the claim that the Workflow of Fed is inflated.
Powell is pushed on the musk request Fed is “absurdly crowded”
The leader of the Ministry of Efficiency of the Government (Doge) Elon Musk warned that the federal reserves can face an audit. (Om Williams / CQ-Roll Call, Inc via Getty Images / Getty Images)
In May 2024, Musk announced that “Fed has a crazy large number of employees.”
EXPREASE Director of the billionaire Tesla and Spacex Last summer, the Fed was too slow in reducing interest rates, writing on the X in August that the Fed “should fall rates” and that “it is stupid that it has not already done it”.
The Fed will reduce rates in September in accordance with the experts of the market, which followed with further decrease in November and December.
Federal judge blocks Doge Elon Musk to approach the Treasury record
Fed Jerome Powell’s chairman pushed Musk’s claim that the central bank is “absurdly full”. (Photo Alex Wong / Getty Images / Getty Images)
A nourished chair Jerome Powell He was asked about the recent male request that the Central Bank’s workforce was “absurdly full” at a press conference last month after the Central Bank’s decision to leave stable in the current range of 4.25% to 4.5%.
“We run a very careful budget process in which we are fully aware. We owe it to the public, and we believe we do it. I have no further comment on that, thank you,” Powell replied to Fox Business’ Edward Lawrence.
