The Fed Has Ruined The Free Market | Thomas Hoenig, Former Fed Exec

Thoughtful Money with Adam Taggart · Feb 4, 2025 · 59m

Well, we have a new US Presidential Administration with a very different economic strategy than its predecessor. The president has already started vocally demanding the Federal Reserve be more aggressive in lowering interest rates. And he's appointed a new head, Scott Bessent, at the US Treasury, replacing Janet Yellen. What should we expect from the policies this Administration intends to pursue? Will Jerome Powell march to the President's demands? Or will he flex to assert the Fed's independence? And where does inflation figure into all of this? For a true expert's informed perspective on…