The US Federal Reserve’s Eccles Building
The Federal Reserve’s internal watchdog cleared chair Jerome Powell and former vice-chair Richard Clarida of ethical violations arising from equities transactions in 2020.
In a memorandum addressed to Powell and dated July 11, inspector-general Mark Bialek said: “Clarida’s and your trading activities did not violate the laws, rules, regulations, or policies as investigated by our office”.
The office of the inspector-general did find Clarida and Powell had made minor regulatory violations. The
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
by :
Source link
Tags: Central Banking
