Ann C. Toledo

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Federal Reserve Inspector General Finds Powell, Clarida Didn’t Trade Improperly

Thu Jul 21 , 2022
The Federal Reserve’s inspector general said central bank leader Jerome Powell and former second-in-command Richard Clarida didn’t make improper financial trades while serving in their leadership roles, but it did flag some ways their market activities inadvertently conflicted with central bank rules. “We did not find evidence to substantiate the […]