🇺🇸 SEC. BESSENT: WE’VE FORMALLY STARTED LOOKING FOR POWELL’S REPLACEMENT “There's a formal process that's already started. There are a lot of great candidates and we'll see how rapidly progresses. It's President Trump's decision and it will move at his speed.” Source: Bloomberg TV

The Fed’s $2.5B renovation debacle proves why the Rein in the Federal Reserve Act is critical. Powell’s sudden audit request reeks of damage control after years of unchecked bureaucratic bloat. The Eccles Building project—tripling initial cost projections—exposes systemic rot: endless reviews, asbestos surprises, and delusional priorities. Trump’s right to torch this Versailles-on-the-Mall fantasy. The Fed claims it’s “not taxpayer-funded,” but every dollar printed devalues wages and fuels inflation. Real oversight means slashing self-serving projects, not performative audits. Drain the swamp—starting with Marriner Eccles’ gold-plated plumbing. The real cost of Fed excess is hiding in plain sight—see the receipts:

I thought the fed was independent 🤔

Cut the rates, cut the games. Trump’s calling the shots now.

Is Bessent a Soros guy? Worked for him for a long time?

We need another one

The search for Powell's replacement is on, sounds like an interesting time ahead for the economy.

Great news! Doctor heal thy self. Bessent for chair.

He’s getting outta office?

Democracy: where leaders are replaced, not ideas

Sounds like a chaotic time for the Fed. Change is coming, but it all hinges on Trump's pace.