Elon Musk Wants to End the Fed
Billionaire Elon Musk appeared to back calls to end the Fed by retweeting a social media post from Utah Senator Mike Lee, who argued that the bank needs greater oversight from the US executive branch.
Lee claimed that the current lack of adequate executive oversight of the bank is a perversion of the US Constitution, and called for ending the Fed entirely.
Musk retweeted Lee’s argument with a 100% correct emoji — echoing widespread calls from sound money advocates to abolish the central bank founded in 1913.