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Elizabeth Warren Presses Jerome Powell for Information on Trading Controversy
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Sen. Elizabeth Warren (D., Mass.) is continuing to press the Federal Reserve for information detailing the extent of financial trading by its leadership ranks, and wants a formal briefing on new ethics rules adopted by the central bank.
In a letter sent to Fed Chairman Jerome Powell on Tuesday, the senator said the Fed by Monday should provide a complete disclosure of trading by all Fed governors and reserve bank presidents who served from the start of last year until now. She also wants all correspondence between the Fed’s ethics office and officials from the start of 2020 until the present.
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