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The 2 who were found to have made unethical trades were removed. Lawmakers have asked to investigate Powell’s trades but there is no evidence that they were un
by thawaya3113 5y ago
The 2 who were found to have made unethical trades were removed.
Lawmakers have asked to investigate Powell’s trades but there is no evidence that they were unethical.
It might be fishy that some of his trades were days before massive Wall Street swings. Hence the justifiable requests for investigations, but considering Powell makes several transactions a year, and there were many days with massive swings in the market over the past couple of years, some of those swings being uncomfortably close to trades are not all that suspicious by themselves.
- ratsmack 5y ago>The 2 who were found to have made unethical trades were removed. Even the two that resigned over this were exonerated because the entity that approves the trades stated that they were done according to the rules in place at the time. They stepped down in an effort improve the image of the Fed and to quell the outrage brewing at the time.