Fed to review ethics policy in light of regional presidents’ million dollar trades
Federal Reserve Board chairman Jerome Powell is asking his staff to review the central bank’s ethics rules for employees, including regional bank presidents, governing trades they make in their personal…
Ethics-challenged Federal Reserve presidents pledge to sell their stock holdings
The power the U.S. Federal Reserve has over domestic and foreign capital markets is unquestionable. That power made the news that Federal Reserve bank residents were making big trades in…
Nepotism is alive and well in the Biden administration
Official Washington has a long, tawdry history of giving jobs to the offspring of politicians and powerful bureaucrats, regardless of their qualifications for the posts they fill. There was a…