IN CASE YOU MISSED IT… Sen. Rick Scott in Fox News: America can return to fiscal sanity with strong Federal Reserve leadership and Trump back in the White House
February 5, 2025
Americans need change after four years of the Biden administration
WASHINGTON, D.C. – In case you missed it, Senator Rick Scott, wrote an op-ed for Fox News on why American families deserve new leadership at the Federal Reserve that will work in their best interests while President Donald Trump works in the White House to turn the nation’s economy around and bring America into its Golden Age. Senator Scott notes that under Chair Jay Powell’s leadership, the Federal Reserve has repeatedly failed to promote a strong economy, stability, or the accountability that families expect and deserve, and it’s time for a change.
In the op-ed, Senator Rick Scott wrote, “Working together with former President Biden, Chair Powell has led a Federal Reserve that has failed to act independently in the best interests of the American people, and instead chosen policies to appease Washington elites, Wall Street and left-leaning international organizations. His failed policies have devastated hardworking families and retirees with skyrocketing inflation, which he insisted for months was just ‘transitory,’ fueled by the Biden administration’s reckless spending that added over $8 trillion to the national debt in four years.
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Here’s why all of this matters. While Chair Powell and his leadership team may not feel the daily impacts of their failures, families like mine growing up are forced to grapple with their consequences every day.
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I talk to Floridians who can’t afford a mortgage because of high interest rates. They’re working 40+ hours a week but still relying on foodbanks for dinner, and they don’t understand why their federal government has been driving policies for the past four years that make things worse for them.
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I believe that, with Republicans in charge of Congress and President Trump in the White House, we are at the dawn of a new day for American greatness that will usher in the Golden Age of America. At the top of our list to make America great again and make Washington work for American families must be bold action that forces the Federal Reserve to course-correct and help American families. But that will only happen with new leadership focused on restoring trust and accountability at the Fed. It’s time to clean house of everyone working at the Federal Reserve who isn’t on board with helping the American people and fighting for their best interests.
After four horrible years of Joe Biden’s economic policies, supported by a grossly mismanaged Federal Reserve, Americans need change. With new, strong leadership at the Federal Reserve and President Trump back in the White House, we can get America back on a path of fiscal sanity for future generations.”
Read the full op-ed in Fox News HERE.
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