Part 1/9:
The Federal Reserve Under Scrutiny: A Deep Dive into Recent Senate Testimonies
The Federal Reserve (the Fed), often criticized for its independence and lack of accountability, is facing increased scrutiny from the U.S. government. Recent testimonies before the Senate Banking Committee, particularly one by Fed Chair Jerome Powell, have ignited discussions regarding the institution's operations, its role in the financial system, and the looming shadow of a Central Bank Digital Currency (CBDC). With political maneuvering on the horizon and growing pressure for transparency, the Fed's future remains uncertain.