Federal Reserve

The End of Autonomy? Secretary Bessent’s “Accountability” Doctrine Triggers Market Alarm Over Fed Independence

Scott Bessent

The End of Autonomy? Secretary Bessent’s “Accountability” Doctrine Triggers Market Alarm Over Fed Independence

WASHINGTON, D.C. — In a week that has sent tremors through the global financial architecture, Treasury Secretary Scott Bessent appeared before the Senate Banking Committee on February 5, 2026, delivering testimony that many economists believe signals a fundamental shift in the relationship between the White House and the Federal Reserve.

By MarketMinute