Macro Musings with David Beckworth · Mercatus Center at George Mason University

Andy Levin on the Importance of an Independent Inspector General at the Federal Reserve (BONUS)

June 19, 2025·20 min·1 clip

Andy Levin exposes how the Fed's $3 billion building project rivals Versailles Palace and JPMorgan's skyscraper in cost.

Andy Levin discusses his new policy brief advocating for an independent inspector general at the Federal Reserve, highlighting the need for accountability to protect the Fed's independence. He reveals shocking details about the $3 billion cost of Fed building renovations, comparing it to Versailles and other global landmarks, and argues that oversight failures could threaten monetary policy stability.

As heard by us

A focused accountability discussion grounded in Fed spending details and plain numbers.

Andy Levin's return to Macro Musings gives the episode a narrow but useful focus: why the Federal Reserve should have an independent inspector general.

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Why you'd press play

Want the Fed oversight fight explained with receipts, not slogans?

Read the full recommendation in PlayNext →

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