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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInA Watchdog Report Absolves Financial Transactions by 2 Fed Officials – The New York Times
A review from the Federal Reserve’s watchdog found that trades made by two top officials in 2019 and 2020, when the central bank was especially active in financial markets, violated neither the law nor central bank policies. The Office of Inspector General report, released Thursday, cleared both Chair Jerome H. Powell and Richard Clarida, the […]
Former Crypto Adviser Michael Barr Confirmed as Federal Reserve Vice Chair
Michael Barr, a former Ripple adviser, is set to assume one of the most important U.S. regulatory roles after winning Senate confirmation to be vice chairman for supervision at the Federal Reserve. Barr, who was a key Treasury Department official during the administration of former President Barack Obama, will take over as the leading U.S. […]
Fed Imposes New Restrictions on Officials’ Investment Activities – WSJ
Federal Reserve Chairman Jerome Powell imposed sweeping personal-investing restrictions on senior officials in a bid to address a stock-trading controversy that prompted the resignation of two reserve bank presidents and hurt his prospects of being reappointed to lead the central bank next year. The Fed on Thursday said the new rules will restrict senior officials’ […]
60 Minutes Video: Interview With Ben Bernanke
60 Minutes interviews Ben Bernanke in this two-part video, which is billed as the first-ever with a Chairman of the Federal Reserve.