(Bloomberg) Senate Banking Committee Chair Sherrod Brown is urging the Federal Reserve to strengthen its policies on financial market trading by Fed officials, after a watchdog report last month revealed new details about trading by policymakers during the pandemic.Most Read from BloombergCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsYour 401(k) Will Be Gone Within a DecadeStocks Fall Before Nvidia’s Make-or-
Senate Banking Chair Urges Fed to Penalize Trading Violations bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The Federal Reserve s internal watchdog on Monday cleared two former policymakers of legal wrongdoing in a years-long investigation into their trading activity in 2020, when the central bank deployed a variety of large-scale operations to stabilize markets at the onset of the pandemic.