Bernard calls for a "comprehensive institutional review" of the Federal Reserve.

United States Treasury Secretary Scott Benett posted on X, saying that the leadership of the Federal Reserve should "conduct, disclose, and implement a comprehensive institutional review covering all of its missions to enhance its credibility." Bennett emphasized the importance of the Federal Reserve's independence in implementing monetary policy and institutional autonomy, while criticizing its "continued penetration of responsibilities into areas beyond its core mission." Bennett stated that a decision of "major renovation" should be reviewed regarding the Federal Reserve.