Recent financial trades by Federal Reserve Chair Jerome Powell and former Vice Chair Richard Clarida were determined by the central bank’s independent watchdog to have not violated any laws or ethics rules. The Office of the Inspector General said it is closing its investigation into the pair’s investment activities from 2019 to 2021. “We did not…
Watchdog Says Fed Officials Did Not Violate Laws, Ethics Rules in Recent Financial Trades
July 15, 2022
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Investing Secrets of the Federal Reserve
Commentary I’ve been in this business for over two decades. As a financial adviser, I built custom portfolios for clients. I grew that skill into my own advisory firm. I even ran a hedge fund. I think it’s fair to say that I’ve seen pretty deep into the other swamp called professional Wall Street. And…
Fed’s Clarida to Resign Jan 14, 2 Weeks Ahead of End of Term
Federal Reserve Board Vice Chair Richard Clarida will resign on Jan. 14, the U.S. central bank said on Monday, ending a term began in 2018 as second-in-command to Fed Chair Jerome Powell. Clarida’s term was to expire on Jan. 31, and President Joe Biden has nominated Fed Governor Lael Brainard to take his spot on…
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