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U.S. Senator Warren calls on Fed to release more ethics scandal information

Monday, January 10, 2022
U.S. Senator Warren calls on Fed to release more ethics scandal information © Reuters. FILE PHOTO: U.S. Senator Elizabeth Warren (D-MA) talks on the phone before the start of the Senate Democrats weekly policy lunch at the U.S. Capitol building in Washington, U.S., December 14, 2021. REUTERS/Elizabeth Frantz

(Reuters) - U.S. Senator Elizabeth Warren sharpened her criticism of the Federal Reserve on Monday over its handling of an ethics scandal at the central bank ahead of the renomination hearing of Fed Chair Jerome Powell.

Warren, a Democrat and member of the Senate Banking Committee, is one of the lawmakers Powell will appear before on Tuesday as the committee considers whether to progress his renomination. She has already said she will not support his reappointment to the post. Powell is expected to be reconfirmed.

"I am deeply concerned that your continued refusal to release information about Fed officials' trading is at odds with your stated commitment to address the scandal 'forthrightly and transparently' and... it raises suspicions that the Fed may be failing to disclose the full scope of the scandal to the public," Warren wrote in a letter to Powell.

Her new letter, following two earlier requests for information from the central bank last year, comes after a report in the New York Times last week that Fed Vice Chair Richard Clarida had corrected his previous financial disclosure late last month. The updated disclosure showed he sold a stock fund and then swiftly rebought it shortly before the Fed announced a barrage of rescue programs to stem the economic fallout from the pandemic.

The latest controversy follows the resignations of two regional Fed bank presidents, Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren, last year in the wake of an outcry over their trading activities during the pandemic.

Powell has since announced new ethics rules governing financial holdings and dealings at the central bank but Warren has requested a Securities and Exchange Commission investigation into Fed officials' trading activity to determine if any trades violated insider trading rules.

In her letter, Warren renewed her calls for the Fed to disclose all ethics communications provided to Fed officials in 2020 and 2021. She requested a response by Jan. 17.

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24-01-2022 06:44:13 (UTC+7)

EUR/USD

1.1312

-0.0029 (-0.25%)

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EUR/USD

1.1312

-0.0029 (-0.25%)

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↑ Sell

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GBP/USD

1.3497

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USD/JPY

113.75

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AUD/USD

0.7132

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USD/CAD

1.2612

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EUR/JPY

128.68

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EUR/CHF

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Gold Futures

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Silver Futures

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Copper Futures

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Brent Oil Futures

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Natural Gas Futures

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US Coffee C Futures

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Euro Stoxx 50

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S&P 500

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DAX

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FTSE 100

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US Small Cap 2000

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IBEX 35

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Adidas AG

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Deutsche Lufthansa AG

6.750

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Siemens AG Class N

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 EUR/USD1.1312↑ Sell
 GBP/USD1.3497Sell
 USD/JPY113.75↑ Buy
 AUD/USD0.7132↑ Sell
 USD/CAD1.2612Neutral
 EUR/JPY128.68↑ Buy
 EUR/CHF1.0318Buy
 Gold1,838.85Neutral
 Silver24.082Neutral
 Copper4.4420↑ Buy
 Crude Oil WTI85.03↑ Buy
 Brent Oil87.01↑ Buy
 Natural Gas3.788↑ Buy
 US Coffee C233.68Neutral
 Euro Stoxx 504,140.25Neutral
 S&P 5004,397.93↑ Sell
 DAX15,312.92Neutral
 FTSE 1007,404.69Buy
 Hang Seng24,656.46↑ Buy
 Small Cap 20001,987.92Buy
 IBEX 358,530.20Neutral
 BASF65.200↑ Buy
 Bayer51.13Buy
 Allianz219.57↑ Buy
 Adidas245.30↑ Buy
 Lufthansa6.750↑ Buy
 Siemens AG140.84↑ Sell
 Deutsche Bank AG11.074Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,170/ 6,210
(50/ 50) # 1,154
SJC HCM6,150/ 6,210
(27/ 17) # 1,155
SJC Hanoi6,150/ 6,212
(27/ 17) # 1,157
SJC Danang6,150/ 6,212
(27/ 17) # 1,157
SJC Nhatrang6,150/ 6,212
(27/ 17) # 1,157
SJC Cantho6,150/ 6,212
(27/ 17) # 1,157
Cập nhật 24-01-2022 06:44:16
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ↀ Giá vàng thế giới
$1,839.40+4.760.26%
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ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
ↂ Giá dầu thô thế giới
WTI$84.84-0.06-0.07%
Brent$86.92+0.971.11%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.500,0022.810,00
EUR25.000,4426.401,93
GBP29.901,5831.178,49
JPY193,25204,57
KRW16,4019,98
Cập nhật lúc 18:37:48 24/01/2022
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