Sorting out the conflicts of interest violations on the federal bench will take a toll on credibility
The conflict of interest problems that roiled the federal judiciary a few months ago continue to make waves, this time with appeals courts having to decide whether to overturn decisions…
Stock trade revelations lead to third resignation at the Federal Reserve
The mini-scandal that erupted last year over Federal Reserve officials trading their personal stock and bond holdings even as the Fed was making historic interventions in the market appeared to…
Judges pushing back against congressionally-mandated ethics rules
One of the oldest controversies in official Washington is just how far – if at all – Congress can go in enacting ethics legislation for federal judges. It’s a question…
Too late? Fed puts tough new ethics rules in placing to curb officials’ stock trades
There are now colliding narratives in the ongoing Federal Reserve trading scandal. One has the Fed instituting tough new rules on how and when – if at all – senior…
Federal Reserve Inspector General to investigate officials’ trades for ethics breaches
The Federal Reserve’s inspector general will be conducting an investigation into the stock and bond trades of senior Fed officials to see if ethics laws were broken. According to CNBC,…
The lawbreakers on the federal bench
Federal Reserve senior officials aren’t the only government employees with fresh ethics problems. According to a Wall Street Journal investigation, more than 130 federal judges participated in court cases “involving…
Ethics questions on Federal Reserve Vice Chair’s stock trades
Federal Reserve Board Vice Chairman Richard Clarida is the latest high ranking official at the U.S. central bank who made trades in personal investment accounts on the eve of key…
Dallas Fed’s Kaplan to retire Oct. 8
Within hours of Boston Fed president Eric Rosengren announcing his early retirement (for health reasons), Dallas Fed president Robert Kaplan announced he will be stepping down on Oct. 8. Both…
Fed’s Rosengren retires early for health reasons
With the Federal Reserve under pressure to tighten its ethics rules regarding how its officials trade stocks and other interest-rate sensitive instruments, one of the regional Fed governors who engaged…
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…
