In Bipartisan Letter, Warren, Scott Call New Federal Reserve Ethics Enforcement Policy "A Dismal Failure"
June 11, 2024
June 11, 2024
WASHINGTON, June 11 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
In a bipartisan letter to the Chair of the Federal Reserve ("the Chair", "the Fed"), Jerome Powell, Senators Elizabeth Warren (D-Mass.) and Rick Scott (R-Fla.) criticized the Fed's long-awaited policy to address illicit trading by Federal Reserve Bank officials. The senators reveal that the new policy is riddled with loopholes, contains weak penalties, and requi . . .
In a bipartisan letter to the Chair of the Federal Reserve ("the Chair", "the Fed"), Jerome Powell, Senators Elizabeth Warren (D-Mass.) and Rick Scott (R-Fla.) criticized the Fed's long-awaited policy to address illicit trading by Federal Reserve Bank officials. The senators reveal that the new policy is riddled with loopholes, contains weak penalties, and requi . . .