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Bessent to push residency requirement for regional US Fed bank presidents
The move is another effort by the Trump administration to have more control over the US Federal Reserve.
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fortune.com
'We're going to veto them': Bessent backs new rules to give White House more power over Federal Reserve | Fortune
Bessent said Treasury will veto Fed regional bank presidents, “unless someone has lived in their district for three years."
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aljazeera.com
Bessent to push residency requirement for regional US Fed bank presidents
The move is another effort by the Trump administration to have more control over the US Federal Reserve.