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Vought accuses Fed of ‘fiscal mismanagement’

13 25
27.07.2025

Office of Management and Budget (OMB) Director Russell Vought accused the Federal Reserve on Sunday of “fiscal mismanagement” amid tensions between the White House and the Fed.

“The President has been very clear that all he's asking from the Fed is lower interest rates, because he thinks it's important,” Vought said in an interview with CBS News’s Margaret Brennan on “Face the Nation.”

“When you look across the — across the globe, and you have countries lowering rates, and yet we don't........

© The Hill