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Article Summary
- Elizabeth Warren warns Treasury nominee Bessent not to interfere with the Federal Reserve
- Bessent's previous work at BlackRock raises concerns about potential conflicts of interest
- Warren questions Bessent's ability to prioritize the needs of American workers over Wall Street
- Bessent's confirmation hearing is anticipated to be contentious
- Potential implications of Bessent's appointment for the Federal Reserve and financial regulation Tone: Critical and skeptical
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Elizabeth Warren Tells Treasury Nominee Bessent Not To Mess With The Fed
It would be a serious error for the Trump administration to interfere with the Feds independence, Warren said.
https://www.semafor.com/article/11/25/2024/elizabe...
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