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Bes­sent calls for probe into ‘entire’ Fed

US Treas­ury sec­ret­ary Scott Bes­sent has called for an inquiry into the “entire Fed­eral Reserve insti­tu­tion”, in the latest sign of how Don­ald Trump’s admin­is­tra­tion is crank­ing up pres­sure on the cent­ral bank.

Bes­sent’s com­ments come after the US pres­id­ent and his lieu­ten­ants have sharply cri­ti­cised the Fed and its chair Jay Pow­ell for refrain­ing from cut­ting bor­row­ing costs this year. Trump asked a group of Repub­lican law­makers last week whether he should sack Pow­ell but later cla­ri­fied that he had no plans to do so unless he needs to “leave for fraud”.

Trump’s gov­ern­ment recently opened a new front in its cam­paign against the Fed, with the pres­id­ent’s budget dir­ector Rus­sell Vought repeatedly alleging a $2.5bn renov­a­tion of the bank’s headquar­ters had been grossly mis­man­aged.

Bes­sent amped up cri­ti­cism of the Fed yes­ter­day, telling CNBC: “What we need to do is exam­ine the entire Fed­eral Reserve insti­tu­tion and whether they have been suc­cess­ful.” If the Fed­eral Avi­ation Admin­is­tra­tion had made as many mis­takes, he added, “we would go back and look at why”.

The Fed inspector-gen­eral is review­ing the renov­a­tion of its headquar­ters, which involves an over­haul of two build­ings that over­look the National Mall and is $700mn over budget. Pow­ell has also writ­ten to senior sen­at­ors to explain how the cent­ral bank is rein­ing in costs.

The Fed yes­ter­day pub­lished a video tour of the two build­ings.

1. crank up pressure on sth

意思:加大对某事的压力、施压



crank up本意是“把机器的强度调大”,引申为“增强、加剧”
例句:The union cranked up pressure on the government to raise wages.
工会加大了对政府提高工资的压力。




2. lieutenant

意思:副职,助手;在军队中是“中尉”



在新闻语境中,多指“得力助手”、“副官”、“二号人物”
例句:He was one of the president’s most trusted lieutenants.
他是总统最信任的副手之一。




3. refrain from

意思:克制住,避免(去做某事)
例句:Please refrain from smoking in this area.
请不要在此区域吸烟。




4. allege

意思:指称;宣称(未被证实)



常用于法律或新闻中,表示“有人声称……”,但尚未被证实
例句:The company is alleged to have falsified its records.
据称这家公司伪造了记录。




5. amp up

意思:增强,加强(强度、活动、能量等)



来自“amplify”,略口语化
例句:The campaign is amping up its social media efforts.
这场竞选正在加强社交媒体方面的投入。




6. rein in

意思:控制,约束(情绪、开支、势力等)



来自马术“拉紧缰绳”
例句:The central bank is trying to rein in inflation.
央行正试图控制通胀。