Elizabeth Warren Calls Fed Banks Bar Leaders From Trading Stocks

Elizabeth Warren Calls Fed Banks Bar Leaders From Trading Stocks

Sen. Elizabeth Warren (D., Mass.) is calling on regional Federal Reserve banks to set rules that would prevent their leaders from trading individual stocks, following recent revelations that the heads of Boston and Dallas banks were actively involved in Trading in shares and other investments. Year.

“The controversy over asset trading by high-level Fed personnel highlights why it is necessary to ban the ownership and trading of individual shares by senior executives who are supposed to serve the public interest,” Ms Warren addressed the leaders. Wrote in letters. 12 Regional Fed Bank.

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