So what?
The Administration isn’t seeking the repeal of the Fed. It is merely hellbent on driving down rates.
And if you look to the build-up to the Great Depression, a decade of low rates fed the bubble.
You really need to read the history of what caused the great depression.
It wasn’t low rates. See chart below
https://advisor.visualcapitalist.com/us-interest-rates/
I don’t know why you are defending the Fed. You work there? Family members there?