From Bernstein: We must preserve Fed independence · · Quest Means Business
“One of the best things we can do and have done is continue to provide the Federal Reserve the independence that they need to function. Historically, economies across the globe have been brought to their knees when the independence of the central bank is compromised.”
On , Daniel Bernstein, President, Chief Executive Officer & Director at BEL FUSE INC, spoke about Federal Reserve independence during Bernstein: We must preserve Fed independence on Quest Means Business.
Daniel Bernstein, chairman of the board of Bel Fuse, presided over the company’s 2026 annual meeting of shareholders held by remote communication. During the meeting, he welcomed shareholders, introduced the directors and representatives from the company’s auditing and legal firms, and outlined the procedures for submitting questions. The meeting was reported to follow a $399 million stock offering intended to pay down debts and fund acquisitions. Preliminary voting results presented at the meeting indicated that a substantial majority of Class A common shares voted in favor of all management proposals: electing two directors for three-year terms, ratifying Deloitte & Touche as the company’s auditor for 2026, approving executive compensation on an advisory basis, adopting the 2026 equity compensation plan, and rejecting a shareholder proposal. Bernstein stated that final voting results would be filed with the company in the following days, and he adjourned the meeting.