The time for polite politics is over. The Federal Reserve has fattened itself behind velvet curtains for over a century, unchecked and unaccountable, while the American people carry the billfold—and the blame. But now, a fracture. A sliver of sunlight. Treasury Secretary Scott Bessent just jabbed the scalpel into the bloated gut of the Fed, and he’s not twisting gently.
This is not just a squabble over monetary policy. It’s a power struggle at the core of American sovereignty. And the Federal Reserve, that vaunted “independent” institution, is finally squirming under real scrutiny.