Posted by on January 11, 2022 7:06 am
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Categories: Breaking News Epoch Times News

US Senator Warren Calls on Fed to Release More Ethics Scandal Information

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 …

Originally appeared on The Epoch Times

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