WASHINGTON (AP) — President Biden announced Monday that he’s nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal pandemic recession in which the Fed’s ultra…
Author: CHRISTOPHER RUGABER
Fed reviews ethics policies after prolific trading uncovered
WASHINGTON (AP) – The Federal Reserve is reviewing the ethics policies that govern the financial holdings and activities of its senior officials in the wake of recent disclosures that two regional Fed presidents engaged in extensive trading last …