Fed's watchdog clears ex-officials Kaplan, Rosengren in probe of 2020 trades
The Federal Reserve's inspector general did, however, chastise them for undermining public confidence in the central bank.
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The Federal Reserve's inspector general did, however, chastise them for undermining public confidence in the central bank.
The Federal Reserve's internal watchdog said on Monday the former Dallas and Boston Federal Reserve presidents created the appearance of a conflict in interest in how they reported their investing... -January 22, 2024 at 02:06 pm EST - MarketScreener
However, they "did not sufficiently support public confidence in the impartiality and integrity" of the central bank.
(This Jan. 22 story has been corrected to clarify that the trading activity was disclosed after the fact, in paragraph 12) By Michael S. Derby NEW YORK ...
Federal Reserve Chair Jerome Powell two years ago asked the U.S. central bank's internal watchdog to investigate the trading activities of some of its senior officials, including Powell. The probe has... -October 04, 2023 at 11:47 am EDT - MarketScreener