On the Subject of Central Bank Independence: TIE asked U.S. Treasury Secretary Scott Bessent to expand on his views about the Fed's role.

The article focuses on concerns over the Federal Reserve's overreach as it expands beyond its core monetary policy mandate into social and political issues. Topics include the Fed's expanded regulatory and supervisory powers under the Dodd-Frank Act, its engagement in political and social matters such as climate change, and the shift in its monetary policy framework to include "broad-based and inclusive" employment goals.