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Clint Siegner: Will the Fed's waste and abuse finally get some attention too?
By Clint Siegner
Money Metals Exchange
Monday, February 3, 2025
Americans last week got an eyeful of the waste and fraud that has been rampant in federal spending.
A barrage of announcements by the Trump administration included putting the brakes on a $50 million program to buy and supply condoms to people in Gaza.
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While the headlines scroll by and the reform effort enters full swing, there is one quasi-federal institution that has somehow dodged pretty much all accountability for more than a century.
There may be no organization that can compete with the Federal Reserve Bank when it comes to waste, fraud, and abuse. While the nation is focused on making reforms, the Fed cannot be overlooked.
Let's review. ...
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