‘TERRIBLE': GOP senator reveals why he says Fed Reserve is broken

Fox Business | January 31, 2026 at 03:32 AM UTC
Bearish 85% Confidence
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Key Points

  • Criticism of the Federal Reserve for perpetuating inflation by 'running the printing press' and financing excessive government spending.
  • Strong opposition to current government funding deals due to concerns about wasteful earmarks and potential weakening of immigration enforcement.
  • Hope that a new Fed Chair like Kevin Warsh would reverse inflationary policies and admonish Congress on spending.

AI Summary

Senator Mike Lee and Larry Kudlow discuss the Federal Reserve's role in inflation, criticizing its past actions for facilitating 'big government socialism' through bond purchases. They express strong concerns about the ongoing government funding negotiations, particularly regarding potential compromises on immigration enforcement and wasteful spending, highlighting a generally negative outlook on current economic and political policy directions.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bearish 85%
Consensus Bearish 85%