Fed Watchdog to Probe Trades by Central Bank Officials

Fed Watchdog to Probe Trades by Central Bank Officials
The Federal Reserve building is pictured in Washington, on Aug. 22, 2018. Chris Wattie/Reuters File Photo
Tom Ozimek
Updated:

The Federal Reserve said Monday that its internal watchdog will probe whether trading activity by some of the central bank’s senior officials was legal and in line with the Fed’s ethics rules.

The Fed announced in a statement that it was engaged in talks with its Office of Inspector General (OIG) about the review, which comes after disclosure of transactions in 2020 by Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren prompted a public outcry.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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