Elizabeth Warren Slams Fed Chair Jerome Powell On Tackling Violation Of Bank's Insider Trading Policy: 'Allowed A Culture Of Corruption'

Benzinga 2024-06-14

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Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell for the “long-delayed ethics policy” at the U.S. Central Bank, which she claims “doesn’t fix a thing.” The post on X, formerly Twitter, further emphasizes the need for a strong ethics policy at the Fed, suggesting that the current policy is inadequate in preventing insider trading and holding top officials accountable.

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