Fed Exposed! Senator’s SHOCKING Claim 😲

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One gathers, with a delightful sense of ennui, that our esteemed Senator was holding forth during the tedious debate of a new bill. A bill, naturally, designed to alleviate the pervasive gloom of bureaucratic inefficiency.

A Senator’s Witty Dissection of the Federal Reserve

Ah, Wyoming’s Senator Cynthia Lummis – bless her audacity! The “Crypto Queen,” as she is rather dramatically known, deigned to deliver a most pointed critique of the U.S. Federal Reserve on Friday. She declared, with a flourish, it to be “a giant black hole of unaccountability.” A rather theatrical pronouncement, wouldn’t you agree? It arose, naturally, during ponderings over a Senate bill intended to alter the rather quaint method of appointing the central bank’s Inspector General.

Currently, the Fed Chair, in a gesture of breathtaking self-regard, selects the very person responsible for overseeing their operations. Lummis, and others possessing a modicum of discernment, perceive this as… a conflict. “Highly unusual,” she observed, with a dry wit that one rarely encounters in Washington. “And it means the Inspector General has no independence.” Imagine! The sheer impropriety of it all! 🎭

The new bill, naturally, proposes to bestow this power upon the U.S. President – a change Lummis posits will stir the central bank from its comfortable slumber. “They are operating in the shadows,” Lummis lamented, referencing the rather vulgar controversy surrounding current Fed Chair Jerome Powell’s botched renovation project (a staggering $2.5 billion, with a rather scandalous $700 million overrun!). One shudders to think of the aesthetic crimes committed during such profligacy!

The rationale behind the Fed’s shrouded existence rests, predictably, on the need for freedom from the whims of politicians. A central bank beholden to partisan fancies would be, one supposes, utterly disastrous. However, Lummis suggests that this “independence” is merely a convenient veil for… incompetence. Dear me. 🙄

“They don’t even respond to FOIA requests,” Lummis declared, with a touch of exasperation. FOIA requests, for those unfamiliar with the intricacies of governmental tedium, involve politely *asking* for access to public data. “It’s become a giant black hole of unaccountability,” she repeated, a phrase clearly designed to stir the public’s imagination. “It’s time for change.” Indeed. One might add, it’s always time for a little change… preferably of scenery. 😉

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2025-08-02 09:59