Elon Musk is keen on auditing the Federal Reserve, the independent agency that makes critical decisions on interest rates that reverberate throughout the US economy.
Elon Musk has expressed a desire to conduct an audit of the Federal Reserve, causing concern on Wall Street. Musk is questioning the Fed's monetary policy decisions, which has drawn sharp criticism from experts.
The billionaire gives remarks at the Conservative Political Action Conference.
If Elon Musk is even half-successful in achieving his "rather outlandish" $2 trillion target for spending cuts, Nuvama thinks recession risks could escalate.
Billionaire Elon Musk said on Thursday he is thinking of auditing the Federal Reserve, after calling for greater scrutiny of the central bank in the past.
OXON HILL, Md. (AP) — Billionaire Elon Musk appeared at a conservative gathering outside Washington waving a chainsaw in the air, showing openness to auditing the Federal Reserve and accusing Democrats of “treason.”
Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a gathering of conservatives that he plans to audit the central bank.
The Department of Veterans Affairs has temporarily suspended billions of dollars in contract cuts after an uproar that critical veterans health services were harmed, lawmakers and veterans service organizations said Wednesday.
Read more about cryptocurrency players struggling to access banking services and Elon Musk's weaponization of the Department of Government Efficiency.