U.S. Treasury Secretary Bessent said one highlight of Kevin Warsh’s tenure at the Federal Reserve would be watching stenographers posing as reporters, including The Wall Street Journal’s Nick Timiraos, reduced to covering backstage gossip. According to Odaily, Bessent said they would be unable to produce real analysis of the economy or monetary policy without being fed information.
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U.S. Treasury Secretary Bessent Says Fed Reporters Would Focus on Behind-the-Scenes Gossip Under Warsh
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