During a recent legislative session, Senator Cynthia Lummis, known as the "Crypto Queen," expressed strong criticism of the U.S. Federal Reserve. Her remarks were made in the context of a newly proposed bill that would grant the President the authority to appoint the Inspector General of the Federal Reserve.
Senator Lummis highlighted concerns regarding the institution's transparency and accountability, emphasizing the need for clearer oversight within the Federal Reserve. Her comments reflect growing scrutiny over the central bank's operations and decision-making processes.
