The Federal Reserve imposes new restrictions on investments after trading controversy

The Federal Reserve imposes new restrictions on investments after trading controversy

Federal Reserve Chairman Jerome Powell testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, D.C., on Sept. 30. The Fed announced new restrictions on investments by senior officials after being rocked by a controversy involving trading by two regional Fed bank presidents last year.The Federal Reserve is adopting new restrictions on investments after active trading last year by two regional Fed bank presidents drew criticism.

(Image credit: Sarah Silbiger/Pool/Getty Images)


Source: NPR Politics
The Federal Reserve imposes new restrictions on investments after trading controversy

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