Federal Reserve Announces Ethics Investigation After Regional Officials’ TradesEpoch Times, United States politics | The Epoch Times

Federal Reserve Chairman Jerome Powell directed officials in the central bank to investigate reports of stock trades made by leaders at the Fed’s branches in Dallas and Boston last year. “This review will assist in identifying ways to further tighten those rules and standards. The Board will make changes, as appropriate, and any changes will be added to the Reserve Bank Code of Conduct,” a Federal Reserve spokesperson said in a statement obtained by The Epoch Times. “The core rules that guide personal financial practices for Federal Reserve officials are the same as those for other government agencies. We also have a set of supplemental rules that are stricter than those that apply to Congress and other agencies that are specific to the work we do at the Federal Reserve,” the statement added. Powell last week told staff at the Federal Reserve to “take a fresh and comprehensive look at …Read More

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