Bessent says "independence does not mean no accountability" in defending DOJ Powell probe

Treasury Secretary Scott Bessent told "CBS Saturday Morning" co-host Kelly O'Grady that the Justice Department's investigation into Federal Reserve Chairman Jerome Powell should indicate to future Fed chairs that "independence does not mean no accountability." "The Fed has a very special relationship with the American people because it is the most powerful, unappointed group in the U.S.," Bessent said.