Federal Reserve Chairman Powell to Review Investment Rules for Fed Executives over Public Outcry

Posted on 09/18/2021

Federal Reserve Chairman Jerome “Jay” Powell ordered a review of ethics rules for the central bank due to the public outcry of government officials owning individual securities. Disclosures show that several senior central bank officials made multiple multimillion-dollar stock trades in 2020, while others held significant investments. Many central bank officials owned securities the FRBNY […]

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