Senator Rand Powell, R-Wh. , Discusses the importance of federal budget reduction in “making money”.
Federal Reserve Chair Jerome Powell It renewed its repayment against Alon Maskal's claims that the Federal Reserve was affected during the Congress' hearing on Tuesday.
Powell testified to the Senate Banking Committee for a half -year update to the Senate Banking Committee, and by Senator Andy Kim, DJ. , Asked if the central bank was affected.
“No, I say that, you know, too much, maybe not too much. Everyone in the Federal Reserve is really working hard,” Paul said.
Mask recently said the Federal Reserve is “irregular” and has suggested Government efficiency (DOGE) can adjust their views on the Federal Reserve audit. He had previously criticized the Federal Reserve's monetary policy decisions.
Elon Copper warns the Federal Reserve may be with DOGE audit
Federal President Jerome Powell said the Federal Reserve's workforce is “over -the -work”, not “too much”. (Set Herald / Bloomberg through Getty Images / Getty Images)
Paul had previously said that the Federal Reserve would go through a precise budgeting process to determine its employees. At Tuesday's proceedings, he also played the role that the Federal Reserve's workforce in the early stages of the country Pandemi Kavid And how did he rely on the knowledge of long -standing employees.
“When the epidemic of all the water and economics around the world is turning off, the US Treasury Market is working, companies cannot join their business article, economists write about depression. People in the federal He had been gone through the global financial crisis 10 years before stepping, “We got this”, “Paul explained.
“We know what to do. This is what we do with money market funds here what we do with companies that could not receive funding. The markets were closed and companies are mature Were the debt they had to use. ”
Powell pushed to the claim of Meshak that the federal federation is “reckless”
Elon Musk, CEO of TESLA and Spacex, who has DOGE leadership, has criticized the Federal Reserve. (Saul Loeb/Pool/AFP through Getty Images/Getty Images)
“People who knew what a very severe emergency should do was working in this country Federal Reserve And elsewhere, but I say to you, it was impressive, “he added:” Really, our work was very successful during that acute phase of the crisis, and it is completely because of the knowledge of knowledge that he lives in job people. . “
Get Fox Business on a move by clicking here
Following the testimony on Tuesday, the Senate Banking Committee is scheduled to appear on the Majlis Financial Services Committee on Wednesday to submit its half -year update to monetary and economy policies.