Loading ...Federal Reserve’s Vice Chair for Supervision, Michael Barr, has resigned ahead of expected audit by DOGE.
TRUMP THE FED !
“The Federal Reserve Transparency Act (H.R.24) is a game-changer, demanding a full audit of the Fed’s Board of Governors and reserve banks. Spearheaded by Rep. Thomas Massie and 46 cosponsors, this bill aims to expose the Fed’s secretive monetary policies and balance sheet operations, including emergency lending and quantitative easing that have expanded its market influence.
Vice Chair Michael Barr’s resignation coincides with Trump’s crackdown on bureaucratic overreach. The Treasury’s suspension of the Corporate Transparency Act’s enforcement against domestic businesses highlights this administration’s commitment to cutting red tape.
The Fed must now justify its $4.5 trillion pandemic-era asset purchases and ongoing balance sheet reductions.”