The U.S. Treasury Secretary just made a pointed comment about Fed independence: it doesn't mean zero oversight. Bessent's take here is worth unpacking—central bank autonomy has always been a balancing act between policy flexibility and democratic accountability. This matters because Fed decisions ripple through markets, including crypto. When government officials start redefining what "independence" really means, it signals shifting attitudes toward central banking authority and regulatory intervention. The debate over how much oversight is appropriate touches everything from interest rates to liquidity conditions that affect trading volumes across digital assets.